RSI (14 day period) values are wrong
Respected admin, Please note that the entire RSI values in your site is wrong; I use excel file to calculate and I am not even able to get a single RSI similar to yours in any stock; for e.g. My RSI for Axis bank on 13-Aug-2014 is 42.5 and yours is 1.4 and my number matches with (google,yahoo) and all major charting tools; please recheck your RSI formulae for all stocks( My MACD and slow stochastic value is matching perfectly with yours; so that means I am using the same prices which you use including close, low and high)All my friends and myself visit topstockresearch.com everyday for analysis; please correct RSI values at the earliest; this is my humble request.
Posted by Guest Posted on : 14-Aug-2014
Please note that we are working to Upgrade Users Comments/ Feedback. We will be back soon.
| Answer to this Question By Community | Posted by Admin
Posted on: 26-Aug-2014 | We have done random check and found them to be good. Baring Axis bank, which is due to recent split and got missed out by us.
RSI is my favorite indicator and I personally monitor it regularly and will be extremely concerned if it is not correct. Please drop your excel sheet at contactus@topstockresearch.com with three stocks , we will find out why there is any difference.
Please elaborate on 'RSI value wrong'.
Thanks
Site Admin |
Please answer this question if you think you can answer it better
( Intraday Analysis is on Real Time Data (Updated every 5 Mins). All Other analysis is based on End of Trade day's Value. Expected time of update is between 5 to 5.30 PM exchange time Zone)
