Relative Strength (RS) Analysis in 5 Mins

[@implants4ever]

Wow! AMAZING video Matt. Even when you know something, it's how someone teaches it to you that makes all the difference. I love being a PRO member of your team and the AGI Course is extremely well done. Thank you for your continued support and your great youtube videos as well.

[@carusoinsights]

I really appreciate the kind words, and you being a member!!

[@pkpatel7211]

Excellent content, Matt! Keep it coming.

[@carusoinsights]

More to come!

[@jimgrant1776]

Hey, Matt. Excellent video. I have been a proponent of RS for over 15 years. It's on every chart I look at. Here's a couple ideas for you. Add a moving average to your RS lines. I have found a 125-Day EMA works quite well to daily prices. Add a 3rd line to the charts you showed. It is the ROC%125. That is the Rate of Change % over the last 125 days. That gives great insight into when a security is gain or losing momentum. It is also an excellent criteria to choose amongst multiple trending up securities.

[@carusoinsights]

Thanks for sharing!

[@ashishdoshi2523]

Nice Video! Matt. Very useful and simple explanation of various RS. Thank you.

[@carusoinsights]

Glad it was helpful!

[@kaseylv922]

Thank-you, this was one of the best explanations of relative strength I have heard, especially the different types and usages which was confusing when I first heard of it.

[@idrissdiane3721]

nice explanation. in the third approach, would it make sens to factor out other risk factors such as barra factors (mom,value,sector...) and only look at the pure alpha ?

[@ankurperiwal9704]

Helpful TY! I never really used RS line too much (probably because I didn't know how to use it correctly) - i have always used Price, Volume and MA's only.

[@carusoinsights]

Now you have a simple tool to help you see the data differently 👍🏻

[@jassisidhu7750]

Can you share the equation to calculate RS?

[@LadislavKosar]

Thank you for this video. Perfect as usual 🙂. I appreciate it and always find a pieces of the great trading puzzle.

[@carusoinsights]

My pleasure!

[@F_A591]

Hey Matt, thanks for all the wisdom you share here and on X. As a feedback, It'd be great if you could offer the option of buying each individual indicators as a one time purchase

[@carusoinsights]

I plan to revamp things soon. I'll try and get this done

[@0mniBUZZ]

Matt, thanks a lot! What is the lookback period for calculating a stocks’s volatility/beta in CA RS?

[@carusoinsights]

6 months

[@niravgandhi3918]

Will these tools work for Indian stock market?

[@carusoinsights]

Yes they do

[@GurdeepSingh-sk8he]

Thanks Sir

[@8520456]

HEY do you mind sharing which indicator you used to show the relative strength with the blue background?

[@carusoinsights]

Sure, here you go www.carusoinsights.com/cars/

[@jameslowe7372]

What if IBD closes down one day and no more RS? What would you use as a RS indicator? Perhaps we should use that, instead of relying on a propriety matrix of one company which may close down (esp now that its founder has passed on).

[@carusoinsights]

I cover three other ways in the video, but the IBD RS can be calculated. You just need a database of stocks. I plan to get my own finished shortly...