Economics · Financial Management
In the technical analysis of securities, which indicator is used to determine if a security is in an 'overbought' or 'oversold' condition by comparing the magnitude of recent gains to recent losses?
- 1Fibonacci Retracement
- 2Bollinger Bands
- 3Relative Strength Index (RSI)✓
- 4Moving Average Convergence Divergence (MACD)
Correct answer
Relative Strength Index (RSI)
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