Tag: Stock Market
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Persistent System: Chart Analysis
Introduction Indian Multinational IT Services: Established in 1990, Persistent Systems is a major player in the Indian IT industry, with a global presence. Focus Areas: Their expertise lies in cloud computing, internet of things (IoT), endpoint security, big data analytics, and software product engineering services. Publicly Traded: The company is listed on both the Bombay…
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Relative strength
Speedometer of stocks. There are two types of speedometers to gauge the momentum or speed of a stock: Relative Strength Index (RSI) and Comparative Relative Strength. In very vague terms, RSI represents the speed of a stock, much like a car traveling at 40 km/h or 100 km/h. It provides information solely about the speed or momentum of stocks, without any…