Relative Strength (as per Investor's Business Daily) for Indian Stocks

#1
Going through Mark Minervini’s book. He has many criteria for screening for stocks one of which is the below
The relative strength (RS) ranking (as reported in Investor’s Business Daily) is no less than 70, but preferably in the 90s, which will generally be the case with the better selections. (Note: The RS line should not be in a strong downtrend. I like to see the RS line in an uptrend for at least 6 weeks, preferably 13 weeks or more.)
How can I look up or calculate something similar for Indian stocks?​
 

Verde

Well-Known Member
#2
the IBD RS is proprietary.
how it is calculated will never be revealed, but there are lots of ways to calculate RS.

use google
 
#3
Going through Mark Minervini’s book. He has many criteria for screening for stocks one of which is the below
How can I look up or calculate something similar for Indian stocks?​
search for Market Smith India on Google
You can look up the RS of Indian stocks on that website

other option is to add Comparative Relative Strength indicator found on trading view website to your charts
you can select the index to which you want to compare your stock and the RS can been seen in the chart itself
 

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