A combination of stochastic and the Relative Strength Index. Essentially, a Stochastic RSI is a Stochastic indicator applied to the RSI indicator. It was developed to take advantage of both momentum indicators. By using RSI values with a Stochastic formula, traders can determine whether the current RSI value is overbought or oversold.
We don't know everything about the markets. We're just devoted to learners. Taken from those smarter than ourselves, here's how we define Stochastic RSI.