What does RSI mean in stock trading terms?

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What does RSI mean in stock trading terms?

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Relative Strength Index – RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal. Taken from StockCharts.com’s Glossary page. Find more detailed information at StockCharts.com’s Education page here: http://www.stockcharts.com/…/indic_RSI.

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