Stochastic RSI

Market Terms

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.

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.