jjmcguire 22 posts msg #156547 - Ignore jjmcguire modified |
4/10/2021 5:46:43 PM
Hello, for stocks with no prior trading history beyond a certain date, the RSI indicator (and most likely any other indicator) is not returning the correct results when compared to other sites such as Finviz or SeekingAlpha.
For example, on March 9th 2021 the SF RSI(7) shows a value around 33, but SeekingAlpha and FinViz both show the value closer to 6.
Here is the SF query I'm running:
apply to symlist(TLIS)
show stocks where RSI(7) is below 50
draw RSI(7)
Please let me know how to show the same results for RSI as the other sites. I think it has something to do with SF using a 0 as the initial stock price.
Thanks,
Jason
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