Relative Vigor Index
The Relative Vigor Index (RVI) is a technical analysis indicator that measures the strength of a trend. It compares a security’s closing price to price range and creates an analysis of the price movement. Using the RVI Indicator The Relative Vigor Index identifies the changes in the price movement. Therefore, it can be used in convergence or divergence pattern analysis.
- The higher the level that the indicator shows, the stronger the price increase is.
- The lower the level that the indicator shows, the stronger the price drop is.
- When the signal line crosses from above, it signals a good selling opportunity.
- When the signal line crosses from above, it signals a good buying opportunity.
Put your knowledge into practice
Choose the financial instrument that suits you