Relative Strength Index Formula RSI = 100 – (100 / [1 + {14-Day Average Gain / 14-Day Average Loss} ] ) How to Calculate a Stock’s Relative Strength Index The indicator typically uses 14 days ...

Benzinga explains how to master using the Relative Strength Index (RSI) in this guide, including its calculation, signals and trading applications.

Calculating a relative strength of the stock would give you a relative strength of 0.93. Simply by seeing that the relative strength is below 1.0, you can tell your stock underperformed the market.

What is RSI? Relative Strength Index (RSI) is an indicator of price momentum, and its values range from 0 to 100. The number helps gauge whether the price of a stock is on the rise or on the decline.