TRUE STRENGTH INDEX - TSI
Momentum-based technical indicator which determines trend direction and identifies both overbought and oversold conditions of a security by integrating the market’s short-term purchasing momentum with delays on moving averages. A 25-day exponential moving average is commonly used to the difference between two prices, then applying a 13-day EMA on the result. After smoothing the data, certain computations are done for the indicator to enclose in a range from +100 to -100, or +1 to -1.
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Original Cost
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| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Nov | |
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| 09:30 | Retail Sales | Oct | |
| 10:15 | PMI Manufacturing | Nov | |
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