Relative Strength vs. the Relative Strength Indicator

Using the chart of GOOGL, David Keller, CMT demonstrates the difference between Relative Strength and RSI. While both concepts involve the term "relative strength," they serve different purposes in trading: Relative Strength compares the performance of one stock against another or against a benchmark. While the Relative Strength Indicator (RSI) is a specific technical indicator used to measure the speed and change of price movements of a single stock, indicating potential overbought or oversold conditions.

00:00 - The Difference Between Relative Strength and RSI
00:42 - Price Performance: Ratio Between Stock and a Benchmark
02:50 - Compare an Asset to ANYTHING

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@StockChartsTV

[StockChartsTV]

👀 See what better financial charting can do for you!
👍🏻 If you enjoyed this video be sure to hit the THUMBS UP

[chriswilson]

Kudos, great concise explanation of Relative Strength.

[tonyf]

how can I overlay a stocks line and the index line on a chart?