Relative strengh

[Sugar_Snap]

What does this indicator tell me? I am looking at TRU vs INDI. Since end of may its below 1.

[BC02]

Relative Strength is simply a comparison of one assets price compared to another. In this case if the RS is below 1 it means that the rest of the INDI sector as a whole is outperforming Truworths.
e.g Truworths may have grown by 10%, but the INDI sector grew by 15%

Dont confuse it with RSI - Relative Strength Index.

[Sugar_Snap]

Thx BC02