5 Questions
Which of the following best describes the relative strength index (RSI)?
A momentum oscillator that measures the velocity and magnitude of price movements
Which of the following is NOT true about the RSI?
It measures the rate of the rise or fall in price
What is the scale on which the RSI is typically measured?
0 to 100
Which of the following best describes the relative strength (RS)?
A ratio of higher closes to lower closes
How is the RSI computed?
By calculating the ratio of higher closes to overall closes
Test your knowledge of the Relative Strength Index (RSI) with this quiz! Explore the concept of RSI as a technical indicator used in financial market analysis. Challenge yourself by answering questions about its calculation, interpretation, and significance in measuring momentum.
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