V.11:2 (60): SIDEBAR: The RSI and the RMI

V.11:2 (60): SIDEBAR: The RSI and the RMI
Item# \V11\C02\SIDERSI.PDF
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THE RSI AND THE RMI

The formula for the relative strength index (RSI) is:

RSI = 100((RS/(1+RS))

where:

RS = AU/AD during the last X days

AU = Yesterday’s AU - (AU/X) + today’s up close or zero

AD = Yesterday’s AD - (AD/X) + the absolute value of

today’s down close or zero ...




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