Breaking It Down: Let's Take A Look At Relative Strength
'Breaking It Down,' where we embark on a journey into the world of futures, commodities, bonds, equities and more! In this edition, we shift our spotlight to the intricacies of Relative Strength.
1. Introduction to the Relative Strength
The Relative Strength Indicator (RS), also known as the Relative Strength Comparative, is a powerful tool in financial analysis. It employs a ratio chart to compare the performance of one security to another. This indicator is widely used to assess stock performance in various contexts.
