Relative Strength Index
Relative Strength Index What is it? Or Define? Relative Strength Index (RSI) RSI is a momentum indicator that measures the speed and change of price in recent times that evaluates a condition of a stock or an asset whether it is overbought or oversold. RSI is displayed as an oscillator as a line […]
Key Levels
Intro to Key levels 1) Describe Key Level. In trading charts, Support and Resistance acts more significant for technical analysis and gives a strong confirmation for buy and sell signals and sometimes trend reversal too. Prices tend to retest support and resistance levels, until broken. Thus, traders can Buy when an asset price is approaching […]
Moving Averages
Moving Averages What is it? Or Define? SIMPLE MOVING AVERAGE (SMA) A Simple Moving Average (SMA) calculates the average (mean) of the range of prices (closing price), by the number of periods in that range. EXPONENTIAL MOVING AVERAGE (EMA) An Exponential Moving Average (EMA) gives higher weight to the recent prices while […]