The Relative Strength Index, or RSI, is a type of Momentum Oscillator and an example of lower study- such as volume. The Tradespoon chart below depicts RSI. It can be used as Support and Resistance Levels:
The Moving Average (MA) the most commonly used trend-identifying tool and smooth trend lines to avoid the static of erratic price movements. Moving Averages draw information from past price movements to calculate their present value and only show trend changes after the market has begun to decline or rise. Moving Averages can be applied as Trend Indicators and possible indicators of Support and Resistance Levels.
Example Use Case