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We use one of the most widely used libraries for calculating the RSI based on the daily closing data. We calculate the RSI using the exponential weighted averages (ewm) with a 14 day period.
Since there are different techniques used to calculate the RSI, there may be a difference in the RSI value displayed by various portfolio manager tools. This is true not only for our service but any other similar service provider.
The purpose of this service is to help you in your analysis to determine whether or not to buy or sell a particular ticker. The information in the daily notification emails is supposed to help you to get started on your analysis and due diligence and should not be considered as a financial advise.
No. It is not. We do not solicit any financial advice on any stocks, securities, cryptos or any finanical assets.