Relative Strength Index: RSI (Relative Strength Index) was first used in futures trading. Later, people found that in many chart technical analyses, the theory and practice of the Strength Index are extremely suitable for the stock market. Short-term investment, so it is used in the measurement and analysis of stock rises and falls \x0d\\x0d\ The range of RSI changes \x0d\ 80. 80-100 Strong sell 50-80 Strong buy 20-50 Weak wait and see 0-20 Extremely weak buy\x0d\\x0d\　Five different uses of RSI:\x0d\　1) Top and bottom 30 and 70 are usually oversold and overbought signals. 2) Divergence When market conditions are making new highs (lows) but the RSI is not at new highs, this usually indicates a market reversal. 3) Support and resistance RSI can show support and resistance levels, sometimes more clearly than the price chart. 4) Price trend patterns Compared with price charts, price trend patterns such as double tops and head and shoulders appear more clearly on RSI. 5) Peak turn When RSI breaks through (exceeds the previous high or low), it may indicate that the price will have a sudden change. Like other indicators, RSI needs to be used in conjunction with other indicators and cannot generate a signal alone. Price confirmation is the key to determining the entry price. .

\x0d\\x0d\　RSI calculation\x0d\ x0d\ The "extremely strong", "strong", "weak" and "extremely weak" here are just relative analytical concepts. Principles for using RSI indicators (1) Limited by the calculation formula, no matter how the price changes, the value of the strength indicator Both are between 0 and 100. (2) The strength indicator remains above 50, which indicates a strong market, and conversely, when it is below 50, it indicates a weak market. (3) The strength indicator mostly fluctuates between 70 and 30. When the six-day When the indicator rises to 80, it means that the stock market is overbought. If it continues to rise and exceeds 90, it means that it has reached the warning zone of serious overbought, the stock price has formed a head, and it is very likely to reverse in the short term. (4) When the six-day strength indicator drops to 20, it means that the stock market is oversold. If it continues to drop below 10, it means that it has reached the severely oversold area, and the stock price is likely to have the opportunity to stop falling and rebound.