What is RSI stock

An RSI (Relative Strength Index) stock refers to a stock that is being analyzed or traded using the Relative Strength Index as a key indicator. The RSI is a momentum oscillator that measures the speed and change of price movements, and it is widely used in technical analysis to identify overbought or oversold conditions. In the context of stocks, an RSI below 30 is often considered oversold, indicating that the stock may be undervalued and due for a price increase. Conversely, an RSI above 70 is considered overbought, suggesting that the stock may be overvalued and due for a price correction. Traders and investors use the RSI to help them decide when to buy or sell stocks. For example, a bullish signal is typically generated when the RSI crosses below 30, while a bearish signal is generated when it crosses above 70. However, it's important to note that the RSI should be used in conjunction with other indicators and market analysis to make informed trading decisions.