RSI

[justonian]

How come RSI(14) has a completely different value between the yahoo page, and stockcharts.

For example, stockcharts has DUNR RSI(14) at 43.85
http://stockcharts.com/h-sc/ui?s=DUNR&p=D&b=5&g=0&id=p49902877319

Yahoo has RSI(14) at 67.81
http://finance.yahoo.com/echarts?s=DUNR.OB+Interactive#symbol=DUNR.OB;range=1d

[PaulPaulPaulPaul]

How come RSI(14) has a completely different value between the yahoo page, and stockcharts.

For example, stockcharts has DUNR RSI(14) at 43.85
http://stockcharts.com/h-sc/ui?s=DUNR&p=D&b=5&g=0&id=p49902877319

Yahoo has RSI(14) at 67.81
http://finance.yahoo.com/echarts?s=DUNR.OB+Interactive#symbol=DUNR.OB;range=1d

You have two different time periods.  The RSI goes back 14 periods, so it matters what the time frame is.

[Dr PennyStock]

Paul is right, you want to compare an intraday chart with a 7,5 months chart, the values must be different.

[justonian]

Well I feel like a dumb dumb.  haha, thanks Paul. 

[Vegas]

Well I feel like a dumb dumb.  haha, thanks Paul. 

Don't feel dumb... I missed a run on a pincher play today because I did not pay attention and was looking at a weekly chart as opposed to a daily chart... Mother said there'd be days like this!
 

[cbenitez]

Well I feel like a dumb dumb.  haha, thanks Paul. 

Don't feel dumb... I missed a run on a pincher play today because I did not pay attention and was looking at a weekly chart as opposed to a daily chart... Mother said there'd be days like this!
 

Hi Vegas, which pincher play did you miss the run on? I'd like to know so I could analyze the chart. Thanks

[Vegas]

Well I feel like a dumb dumb.  haha, thanks Paul. 

Don't feel dumb... I missed a run on a pincher play today because I did not pay attention and was looking at a weekly chart as opposed to a daily chart... Mother said there'd be days like this!
 

Hi Vegas, which pincher play did you miss the run on? I'd like to know so I could analyze the chart. Thanks

The stock was KSWS... The chart posted was this weekly chart which showed a pincher play.

http://stockcharts.com/h-sc/ui?s=ksws&p=W&b=5&g=0&id=p64984402931

This is the daily chart... On the daily chart as I noticed later, it is not a pincher play, just a bounce play:

http://stockcharts.com/h-sc/ui?s=KSWS&p=D&b=5&g=0&id=p40266324498

[kick69]

What RSI Time Frame - Hey People - I have been using the standard RSI = 14 for the past year.  I have been experimenting with 5 and 7 day time frames especially with swing trades and for stocks that dont show much variance week to week. Im finding the 5 day better.  Example look and ONCI with 5 days compared to 14 days and its much better in picking the bounces with the RSI approaches 30 - WHAT YOU ALL THINK AND USE??

[Sloth]

What RSI Time Frame - Hey People - I have been using the standard RSI = 14 for the past year.  I have been experimenting with 5 and 7 day time frames especially with swing trades and for stocks that dont show much variance week to week. Im finding the 5 day better.  Example look and ONCI with 5 days compared to 14 days and its much better in picking the bounces with the RSI approaches 30 - WHAT YOU ALL THINK AND USE??

I think you might be on to something here. Check out Facebook chart using 5. Could make some serious money playing it off the 30.

[Dr PennyStock]

What RSI Time Frame - Hey People - I have been using the standard RSI = 14 for the past year.  I have been experimenting with 5 and 7 day time frames especially with swing trades and for stocks that dont show much variance week to week. Im finding the 5 day better.  Example look and ONCI with 5 days compared to 14 days and its much better in picking the bounces with the RSI approaches 30 - WHAT YOU ALL THINK AND USE??

It's normal, 14 is the standard, if you use a lower number, you will see extreme positions, you will show it going from oversold to overbought positions, if you use the number 100, the line will be almost a straight line.

I don't like to complicate, to me 14 has been working great.