RSI: The Ultimate Overbought/Oversold Indicator
The relative strength index is like a thermometer for stocks, helping you gauge if they’re too “hot” or “cold.”
The relative strength index is like a thermometer for stocks, helping you gauge if they’re too “hot” or “cold.”
Market sentiment is the crowd psychology of market participants and can help give investors a clue of the future direction of a market. With the S&P 500 index hitting all-time highs, investors should pay attention to sentiment indicators to see if the current outlook is too rosy. Here are three sentiment indicators that will help guide you through the current market environment.