Relative strength is a ratio of a stock price to a market average. It is used in technical analysis.
It is not to be confused with Relative Strength Index.
Other articles related to "relative strength":
... The ratio of these averages is the relative strength or relative strength factor If the average of D values is zero, then the RSI value is defined as 100 ... The relative strength factor is then converted to a relative strength index between 0 and 100 The exponential moving averages should be appropriately initialized with a simple average using the ...
... The center line for the relative strength index is 50, which is often seen as both the support and resistance line for the indicator ... If the relative strength index is below 50, it generally means that the stock's losses are greater than the gains ... When the relative strength index is above 50, it generally means that the gains are greater than the losses ...
Famous quotes containing the words strength and/or relative:
“The days of our years are threescore years and ten; and if by reason of strength they be fourscore years, yet is their strength labor and sorrow; for it is soon cut off, and we fly away.”
—Bible: Hebrew Psalms, 90:10.
The Book of Common Prayer (1662)
“Man may have his opinion as to the relative importance of feeding his body and nourishing his soul, but he is allowed by Nature to have no opinion whatever as to the need for feeding the body before the soul can think of anything but the bodys hunger.”
—George Bernard Shaw (18561950)