December 11, 2018

Relative price strength

Source: wikipedia.org

Is an index designed to measure the price of stock over the past 12 months in comparison to the rest of the market based on the S&P 500 or the TSE 300 over a set period of time. For example, a stock with an RS of 90 has outperformed 90% of publicly traded companies the past year.
Ratings run from 1-99, with 99 being considered the best for inclusion in the CAN SLIM schema.

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