You want to calculate the 14-day period Relative Strength Index (RSI) for stock A at the end

Question:

You want to calculate the 14-day period Relative Strength Index (RSI) for stock A at the end of the 14th day, as represented by the following table:

a. Calculate the 14-day period RSI for stock A, starting from the end of the 14th day.
b. Is stock A overbought or oversold according to the RSI calculation in part a? What is your recommendation for this stock?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

Question Posted: