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Sins_RSI_7-14

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Relative Strength Index (RSI) is a popular momentum oscillator used in technical analysis to measure the speed and change of price movements. Developed by J. Welles Wilder, RSI oscillates between zero and 100 and is typically used to identify overbought or oversold conditions in a market. An RSI value above 70 is generally considered overbought, suggesting that the asset may be due for a pullback or correction, while an RSI value below 30 is seen as oversold, indicating a potential buying opportunity. Traders often use RSI in conjunction with other technical indicators to make more informed trading decisions. Additionally, RSI can help identify potential trend reversals, divergence, and confirmation of price movements, making it a versatile tool in a trader's arsenal.

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