Relative Strength Rating (RS Rating); Relative Strength Line (RS Line)

The RS Line is a line chart illustrating a stock’s performance relative to a chosen market index, providing a visual representation of its trend in outperforming or underperforming the broader market over a specific time period; the RS Rating is a numerical score ranging from 1 to 99, with 99 indicating the strongest relative strength over the past 12 months, enabling investors to identify leading stocks with potential for continued outperformance in the market

1 minute

This feature is expected in the upcoming version of ChartAlert in Dec-2023


Continue reading “Relative Strength Rating (RS Rating); Relative Strength Line (RS Line)”