Market statisticians and traders use the RSI with other technical indicators to identify opportunities to enter or exit a position. When the RSI surpasses the horizontal 30 reference level ...
The Relative Strength Index, or RSI, is a technical indicator ... is better over the long term than timing the market using RSI alone. Investors may check the RSI to help determine whether they ...
short-term traders use a shorter period, such as a 7, or a lower period RSI. Whereas longer-term traders may opt for a higher period, such as a 18 to 26 period RSI for a smoother indicator line.