(Total Views: 245)
Posted On: 01/25/2019 7:43:23 PM
Post# of 29251
CHARTING:
1. RSI ( relative strength index) it is a momentum indicator. Typically as the RSI goes up typically the PPS goes up to follow. Although when RSI gets way to high the stock can become over bought and a reversal can occur downward.
2. The SMA (simple moving average) this calculates the price action for the number of days associated with it and gives the average price over time. (50 SMA) closing price per share each day for 50 days divided by 50)
More advanced:
When the 50 SMA crosses above the 100 SMA. This means the price action has increased in half the time and price action going up could continue going up.
Hope these helped
1. RSI ( relative strength index) it is a momentum indicator. Typically as the RSI goes up typically the PPS goes up to follow. Although when RSI gets way to high the stock can become over bought and a reversal can occur downward.
2. The SMA (simple moving average) this calculates the price action for the number of days associated with it and gives the average price over time. (50 SMA) closing price per share each day for 50 days divided by 50)
More advanced:
When the 50 SMA crosses above the 100 SMA. This means the price action has increased in half the time and price action going up could continue going up.
Hope these helped
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"The Stewy"
