The gauge's 14-day relative strength index
was 73.7 Monday, above the 70 reading that some investors see as a signal to sell.
Relative strength index
(RSI) a very important technical indicator is already showing that the new highs made on 9th December was on slower momentum and currently as well equity market can touch new highs but momentum will further reduce.
Resistance could come into play at this level, he said, and the 14-day relative strength index
(RSI), a momentum indicator, is moving back up towards overbought territory.
Charles Stanley technical analyst Bill McNamara said that while the Euro STOXX 50 is currently at its highest level since mid-2011, its 14-day relative strength index
(RSI) is still below recent peaks of around 73 reached in mid-August.
The RSI (relative strength index
) which is an oscillator that measures overbought and oversold levels has moved to test the lows seen in July of 2012.
Its 14-day relative strength index
was at 72.34, above the 70 level that signals an overbought condition.
Appended are: (1) School and Student Characteristics; (2) Impact Estimation and Impact Estimates; (3) Results of Sensitivity Analyses; (4) Missing Data Imputation Procedures; (5) Response Rates on Surveys, Logs, and Classroom Observations; (6) MAP Observation Protocol; (7) MAP Instructional Logs; (8) MAP Teacher Survey for MAP Teachers; (9) MAP Student Engagement Survey; (10) MAP School Leader Survey; (11) MAP Recruitment Process; (12) Assessment of Control Group Contamination and of Integrity of Year 2 Intervention--Control Contrast; (13) Implementation Fidelity and Achieved Relative Strength; and (14) The Achieved Relative Strength Index
. (Contains 6 figures, 56 tables, 1 box, and 98 footnotes.)
Besides, the relative strength index
(RSI) diverges negatively from the trading price, which implies danger for a negative reaction.
From a technical analysis viewpoint, the Relative Strength Index
is a momentum oscillator, measuring the speed and change of price movements.
The list of existing indicators in TA Technical Analysis module has been empowered by two new divergence-modified indicators - Relative Strength Index
(RSI) and Moving Average Convergence/Divergence (MACD).
* Current Price to Earnings (P/E) must be less than six.* Relative Strength Index
(RSI) must be less than thirty.
Momentum Moving Avg., Moving Standard Deviation, Oscillator, Parabolic, Percent R, Rate of Change, Relative Strength Index
, Slow Stochastic, Stochastic.