Trading using Relative Strength: https://t.co/HeZT7B0MOv

A thread (🧵)...

Relative Strength(RS) has emerged as one of the most sought-after indicators by Indian #traders. But, what makes it so special? 👇
In simple terms, Relative Strength refers to the measure of the price #trend of a #stock, compared to its Benchmark index/Sectoral Index👇
Indexes like #Nifty, #Sensex, or Sectors like #Banking, Automobiles, can be used. The data can be of a period of 55 days, for example, 👇
RS is calculated by dividing the percentage #price change of a stock over a specified period day by the percentage change of a #market index or sector over the same period👇
RS may also be used to compare two companies in the same industry or index👇
Read more on RS using our blogpost here: https://t.co/tw7LlRRSw5 👇
With StockEdge, you can filter out #stocks that are Strongly Outperforming the Benchmark/Sector Index https://t.co/HJnQ90RyKU 👇
For example, Stocks that have a Relative Strength of more than 30 are shown here under "Strongly Outperforming Benchmark Index" 👇
The "Increasing Relative Strength" filter picks out stocks where the RS is above 0 and is increasing for the last three days https://t.co/BSQ3umgsQl
To know more about Relative Strength in practical #trading, attend these EXCLUSIVE webinars by Premal Parekh: https://t.co/HSCiv8BnFu

Use Code WEB20 For 20% Off!
To find out such filters to pick out the strongest stocks, subscribe to StockEdge Premium: https://t.co/miP907G8wb

Use Code "PREMIUM20" For 20% Off!

More from StockEdge

The magic of StockEdge combination scans is that it takes into account the Bullish signs from many aspects!

(🧵): https://t.co/6tUmyhrw47


Stocks with a High Delivery, combined with a Close Within 52 week Zone are signs of strong momentum!
https://t.co/arNYJst06d


Relative Strength is a momentum indicator which signifies the ratio of a stock price performance compared to the market average performance:

Both Adaptive Relative Strength(ARS) and Static Relative Strength(SRS) above zero confirms its performance as better than Benchmark indexes!

Want to filter such stocks? Subscribe to StockEdge Premium and get these with a few clicks: https://t.co/5hmmLuqUFI

Use Code PREMIUM20 for 20% OFF!

More from Stockedge

You May Also Like

I hate when I learn something new (to me) & stunning about the Jeff Epstein network (h/t MoodyKnowsNada.)

Where to begin?

So our new Secretary of State Anthony Blinken's stepfather, Samuel Pisar, was "longtime lawyer and confidant of...Robert Maxwell," Ghislaine Maxwell's Dad.


"Pisar was one of the last people to speak to Maxwell, by phone, probably an hour before the chairman of Mirror Group Newspapers fell off his luxury yacht the Lady Ghislaine on 5 November, 1991."
https://t.co/DAEgchNyTP


OK, so that's just a coincidence. Moving on, Anthony Blinken "attended the prestigious Dalton School in New York City"...wait, what? https://t.co/DnE6AvHmJg

Dalton School...Dalton School...rings a

Oh that's right.

The dad of the U.S. Attorney General under both George W. Bush & Donald Trump, William Barr, was headmaster of the Dalton School.

Donald Barr was also quite a


I'm not going to even mention that Blinken's stepdad Sam Pisar's name was in Epstein's "black book."

Lots of names in that book. I mean, for example, Cuomo, Trump, Clinton, Prince Andrew, Bill Cosby, Woody Allen - all in that book, and their reputations are spotless.