What does rsl golden fork mean?
Rsl is an indicator of relative strength, which was first used in futures trading. Later, in many chart technical analysis, it was found that the theory and practice of intensity index are also applicable to short-term investment in the stock market, so it was used to judge stocks. The strength indicator rsl is also one of the most commonly used indicators in the stock market. Click the right mouse button on the K-line chart, and then click the technical indicators, you can choose to see any technical indicators.
How to judge rsl index?
Generally speaking, more than 50 is more accurate. Rsl exceeded 85 for 6 consecutive days, overbought; Below 15, oversold; During the consolidation period, the index of rsl is higher than the bottom, and the bullish power is strong, and the market outlook is likely to continue to rise; Can buy, on the contrary, it is a sell signal; The stock price is still in the consolidation stage, RSI has been sorted out, and the stock price will break through; On the 6th, the RSI index broke through the RSI of 12, which was a buying signal. On the contrary, it is a sell signal.
There is also an active problem to be emphasized here, because in rsl, there are passive golden forks and passive dead forks! The criterion of judgment is that the 5-day moving average goes up. After leveling with the 10 moving average, the 5-day moving average continues to go up and then crosses the 10 moving average. This is called the active golden fork. If it is not evenly up or down, it is an ordinary average crossing, not a golden fork or a dead fork.