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rsi

Calculate the Relative Strength Index (RSI).

RSI calculates a ratio of the recent upward price movements to the absolute price movement. The RSI ranges from 0 to 100. The RSI is interpreted as an overbought/oversold indicator when the value is over 70/below 30. You can also look for divergence with price. If the price is making new highs/lows, and the RSI is not, it indicates a reversal.

Examples​

from openbb import obb
# Get the Relative Strength Index (RSI).
stock_data = obb.equity.price.historical(symbol='TSLA', start_date='2023-01-01', provider='fmp')
rsi_data = obb.technical.rsi(data=stock_data.results, target='close', length=14, scalar=100.0, drift=1)
obb.technical.rsi(length=2, data='[{'date': '2023-01-02', 'open': 110.0, 'high': 120.0, 'low': 100.0, 'close': 115.0, 'volume': 10000.0}, {'date': '2023-01-03', 'open': 165.0, 'high': 180.0, 'low': 150.0, 'close': 172.5, 'volume': 15000.0}, {'date': '2023-01-04', 'open': 146.67, 'high': 160.0, 'low': 133.33, 'close': 153.33, 'volume': 13333.33}, {'date': '2023-01-05', 'open': 137.5, 'high': 150.0, 'low': 125.0, 'close': 143.75, 'volume': 12500.0}, {'date': '2023-01-06', 'open': 132.0, 'high': 144.0, 'low': 120.0, 'close': 138.0, 'volume': 12000.0}]')

Parameters​

data: list[openbb_core.provider.abstract.data.Data]

The data to use for the RSI calculation.

• Optional: False

target: str

Target column name.

• Default: close

• Optional: True

index: str

Index column name to use with data, by default 'date'

• Default: date

• Optional: True

length: int

The length of the RSI, by default 14

• Default: 14

• Optional: True

scalar: float

The scalar to use for the RSI, by default 100.0

• Default: 100.0

• Optional: True

drift: int

The drift to use for the RSI, by default 1

• Default: 1

• Optional: True

Returns​

results: list[Data]

Serializable results.

provider: None

Provider name.

warnings: Optional[list[Warning_]]

list of warnings.

chart: Optional[Chart]

Chart object.

extra: dict[str, Any]

Extra info.

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