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Sri Lanka Equity Forum » Stock Market & Forum Help » SECOND CALL | Tec Pro Help Please

SECOND CALL | Tec Pro Help Please

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1 SECOND CALL | Tec Pro Help Please on Wed Jun 19, 2013 8:57 am


Stock Trader
When you look at the day end RSI charts :
ASI daily RSI is 39.93 ( Uptrend )
ASI weekly RSI is 62.97 ( Downtrend )
ASI monthly RSI is 61.94 ( Uptrend )

Can someone clarify me why these different readings at one instance please ?

2 Re: SECOND CALL | Tec Pro Help Please on Wed Jun 19, 2013 10:42 pm


You are trying to compare three diffrent time periods overlapping each other. Hence, you can't call them as happenning 'at one instance.' There can be short term down/up trends but when they overlap with medium term or long term trends the effect of the short term trend gets dialuted and may show a different trend either up or down.

3 Re: SECOND CALL | Tec Pro Help Please on Sun Jun 23, 2013 8:14 am


Stock Trader
Many thanks @K.Haputantri for your feed-back! Now, allow me pose you the core question on these RSI readings. What is the most reliable reading among these three can be used for investment | devestment decisions?

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