RSI query

Discuss RSI query at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello I tried to calculate RSI of ZEEL as example by using the formula rsi = ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis
Register Blogs FAQ Chat Room Search Today's Posts Mark Forums Read

Technical Analysis Discussion of all the principles involved in technical analysis.


Welcome to the Traderji.com - Discussion forum for Stocks Commodities & Forex.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features.

By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features.

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please read the FAQ.

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 29th April 2008, 03:05 PM
Member
 
Join Date: Apr 2008
Posts: 2
amanpreets is on a distinguished road
Default RSI query



Hello

I tried to calculate RSI of ZEEL as example by using the formula
rsi = 100-(100/(1+rs));
where,
rs = avgGain/avgDecline;

Now here is the details for ZEEL
Days Close Chg Adva Decl AvgGain AvgLoss
1 $239.40
2 $242.15 2.7500 2.7500
3 $240.60 -1.5500 1.5500
4 $238.70 -1.9000 1.9000
5 $238.40 -0.3000 0.3000
6 $239.70 1.3000 1.3000
7 $230.15 -9.5500 9.5500
8 $219.10 -11.0500 11.0500
9 $215.35 -3.7500 3.7500
10 $207.20 -8.1500 8.1500
11 $211.20 4.0000 4.0000
12 $213.85 2.6500 2.6500
13 $212.85 -1.0000 1.0000
14 $210.65 -2.2000 2.2000
15 $214.00 3.3500 3.3500 1.0036 2.8179

RS = 0.3561
RSI=26.2617

but calculated RSI(26.26) is not matching with the RSI shown on charts of following website:

http://investing.businessweek.com/re...?symbol=ZEE.BO

http://www.icharts.in/charts.html?symbol=ZEEL

http://charting.bseindia.com/chartin...?SYMBOL=505537

These charts are showing RSi as 34.

Please let me know where I am calculating it wrongly
Thanks in advance.

Reply With Quote
  #2  
Old 1st May 2008, 11:08 AM
Member
 
Join Date: Apr 2008
Posts: 2
amanpreets is on a distinguished road
Default Re: RSI query

Hello Moderator,
Please let me know if I can post this query on another forum like fundamental analysis?
thanks
aman

Quote:
Originally Posted by amanpreets View Post
Hello

I tried to calculate RSI of ZEEL as example by using the formula
rsi = 100-(100/(1+rs));
where,
rs = avgGain/avgDecline;

Now here is the details for ZEEL
Days Close Chg Adva Decl AvgGain AvgLoss
1 $239.40
2 $242.15 2.7500 2.7500
3 $240.60 -1.5500 1.5500
4 $238.70 -1.9000 1.9000
5 $238.40 -0.3000 0.3000
6 $239.70 1.3000 1.3000
7 $230.15 -9.5500 9.5500
8 $219.10 -11.0500 11.0500
9 $215.35 -3.7500 3.7500
10 $207.20 -8.1500 8.1500
11 $211.20 4.0000 4.0000
12 $213.85 2.6500 2.6500
13 $212.85 -1.0000 1.0000
14 $210.65 -2.2000 2.2000
15 $214.00 3.3500 3.3500 1.0036 2.8179

RS = 0.3561
RSI=26.2617

but calculated RSI(26.26) is not matching with the RSI shown on charts of following website:

http://investing.businessweek.com/re...?symbol=ZEE.BO

http://www.icharts.in/charts.html?symbol=ZEEL

http://charting.bseindia.com/chartin...?SYMBOL=505537

These charts are showing RSi as 34.

Please let me know where I am calculating it wrongly
Thanks in advance.

Reply With Quote
Sponsored Links


Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 02:10 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.HiFiVision.com - www.MasterOfTrading.com - www.NotebookTalk.com