Relative strength is a calculation of the price trend of a stock or a financial instrument in comparison to another instrument, stock, or industry.
Color indication
Color indication
- Red :: Benchmark returns is -ve and the RS_Value is below 0.
- Yellow:: Benchmark returns is +ve and RS_Value is below 0.
- Green :: Becnhmark returns is +ve and RS_Value is above 0.
- Blue :: Benchmark returns is -ve and RS_Value is above 0.