Reverse RSI

allows you to reverse engineer Relative Strength Index values. The indicator was introduced by Giorgos E. Siligardos under the name RevEngRSI in a June 2003 article entitled Reverse Engineering RSI in the S&C magazine.

For example, a stock may have a current Close Price of 100 and a RSI (Period 14) value of 50. Requesting a Reverse RSI (Period 14, Target RSI 70) would calculate the Close Price on the next bar needed to result in a RSI equal to 70.

Related Indicators

RSI - Relative Strength Index

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