Summary: | Technical analysis using a graph as method, it�s used to predicting price
movement of its stocks so that we know when we have to buy or sell our stocks in
a way gaining maximum profits. There are a lot of indicators that can be used at
stock technical analysis. True Strength Index (TSI) indicator in a technical
momentum indicator that helps traders determine overbought and oversold
conditions of a security by incorporating the short-term purchasing momentum of
the market with the lagging benefits of moving average. Generally is a 25-day
Exponential Momentum (EMA) is applied to the difference between two share
prices, and then a 13-day EMA is applied to the result, making the indicator more
sensitive to prevailing market condotions. After the data is smoothed, value of -20
dan +20 used to identify levels where a security is overbought or oversold. It�ll
proof TSI based on EMA is the best than TSI based on SMA and WMA. TSI
indicator is a variation of the Relative Strength Index (RSI).
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