Relative Vigor Index (RVI)

Relative Vigor Index (RVI) is a technical analysis indicator that measures the conviction of a recent price action and the likelihood that it will continue.

Relative Vigor Index (RVI)

Relative Vigor Index (RVI) is a technical analysis indicator that measures the conviction of a recent price action and the likelihood that it will continue.

 


Explanation of Relative Vigor Index

Relative Vigor Index (RVI) is an indicator used by technical analysts to measure the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security's closing price relative to its price range, and the result is smoothed by calculating an exponential moving average of the values.


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