My take: $JCT ’s daily RSI is 75.3, in overbought territory, with the current price at 0.003902.
RSI 75.3—my heart rate’s climbing too.
For a quick technical explanation: RS equals average gains divided by average losses, and RSI = 100 − 100 ÷ (1 + RS). The averages use Wilder’s smoothing, not a simple arithmetic mean.
Sizing your position based on the stop-loss distance is much more reliable than placing orders by gut feel.
RSI 75.3—my heart rate’s climbing too.
For a quick technical explanation: RS equals average gains divided by average losses, and RSI = 100 − 100 ÷ (1 + RS). The averages use Wilder’s smoothing, not a simple arithmetic mean.
Sizing your position based on the stop-loss distance is much more reliable than placing orders by gut feel.