™A chart may display relative strength index (rsi) differently on daily and weekly timeframes, so the timeframe and calculation method should always be identified.
Technical Analysis
Relative strength index (RSI)
A momentum oscillator comparing recent gains and losses over a chosen lookback period.
Plain-English context
Why it matters
Chart terms organize observed price and volume behavior, but they remain descriptions rather than guarantees.
Treating Relative strength index (RSI) as a prediction instead of one piece of historical context.
Use current definitions. Product terms, tax treatment and market rules can change. Confirm important details with official disclosures, regulators and regulated providers.