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akhileshsaipangallu
Sep 13, 2021 5:03 AM

Colored RS(Relative Strength) 

Nifty Bank IndexNSE

Description

Relative strength is a calculation of the price trend of a stock or a financial instrument in comparison to another instrument, stock, or industry.

Color indication
  • Red :: Benchmark returns is -ve and the RS_Value is below 0.
  • Yellow:: Benchmark returns is +ve and RS_Value is below 0.
  • Green :: Becnhmark returns is +ve and RS_Value is above 0.
  • Blue :: Benchmark returns is -ve and RS_Value is above 0.



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