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What does the Relative Strength mean?

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The Relative Strength is a summary of short, medium, and long term indicators to help evaluate the performance of the stock. It is measured on a scale of 1-10 with 10 being the strongest bullish candidate and 1 being the strongest bearish candidate. Stocks with values:
  • 1-3 are weak stocks, generally in a bearish trend, that are potential sell candidates. 
  • 4-6 lack any strong trend and exhibit weak momentum. 
  • 7-10 are strong stocks, generally in a bullish trend, that are potential buy candidates.

 

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