The Relative Strength Index (RSI) is one of the more popular technical analysis tools; it is an oscillator that measures current price strength in relation to previous prices. A trader might buy when the RSI crosses above the oversold line . A trader might sell when the RSI crosses below the overbought line . However, Past performance is not necessarily an indication of future performance. Trading is inherently risky.

Disclaimer: My answer is not an advice to buy or sell shares, it is just an opinion. Before investing be careful and make your own analysis of soundness and earning power of the firm of your interest.

Interesting Topic go ahead...

Yes, but depend on time and market condition. Past performance may or may not be repeated.

you can read this research paper.. it has results of RSI Based trading on nifty50

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Each economic, financial, market, stock exchange, etc. can be important for the needs of conducting fundamental and technical analysis for investing in securities and other financial instruments if a significant number of investors, shareholders and participants of a specific market take into account a specific factor , indicator. On the other hand, some of the indicators and complex index models are more closely taken into account by investors of a specific sub-segment of a specific exchange market, a particular type of financial instrument, a specific type of stock market, etc., therefore it is not always the same level of significance and composition of economic, financial, market, stock exchange indices, etc. necessary to conduct fundamental and technical analysis in the situation of comparing different stock exchange markets, various financial transactions carried out in individual countries.

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Dear researcher,

please refer to this paper, I hope it helps

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