Relative Strength Flashcards
1
Q
How do relative strength investors choose their investments
A
Chooses assets that have been outperforming their market or benchmark
they assume the outperformance will continue
2
Q
Is relative strength investing best in stable or unstable periods
A
Stable to watch the trends stay calm and rise.
unstable, nahh cus mad reversals and all, needs to just continue doing its thang
3
Q
What does the RSI indicate
A
Oversold and overbought conditions
4
Q
What is the range on an RSI scale
A
0-100
5
Q
What scores on the RSI are considered oversold and over bought
A
>70 = overbought <30 = oversold
