Calculate RSI in Google Sheets for Stocks & ETFs | Relative Strength Index Explained
RSI or Relative Strength Index is a powerful tool that measures the speed and direction of price changes, providing crucial buy and sell signals. We'll discuss the RSI formula, and I'll walk you through an example to calculate RSI for stocks in the Nifty 50, Nifty Next 50, and Top 50 ETFs. Plus, I’ve created Google Sheets that automatically calculate the RSI for these stocks. Using RSI you can also do swing trading.
Key Moments:
00:18: What is RSI / Relative Strength Index
01:36: How to Calculate RSI of any Stocks in Google Sheets
06:15: Pre Calculated RSI of Nifty 50, Nifty Next 50 and Top ETFs
Google Sheets (Make A Copy): https://docs.google.com/spreadsheets/...
Weekly & Monthly RSI - • Analyze Stock Data Using Google Sheets
Disclaimer:
The content provided in this video is for educational purposes only and is not intended as investment advice. Trading and investing in the stock market involve risks, and it is possible to lose a substantial amount of money. Past performance is not indicative of future results. You should not rely solely on the information presented in this video when making investment decisions. Always conduct your own research and consider consulting with a qualified financial advisor before making any investment choices. The creator of this content is not responsible for any financial losses you may incur as a result of using the information provided in this video.
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