What does 'RSI' signify in technical analysis?

In technical analysis, 'RSI' stands for Relative Strength Index. This widely used momentum oscillator measures the speed and change of price movements. The RSI values range from 0 to 100 and are typically used to identify overbought or oversold conditions in a market.

An RSI above 70 generally indicates that an asset may be overbought, signaling a potential price correction or reversal, while an RSI below 30 may suggest that an asset is oversold, indicating a possible price increase. The calculation involves comparing the average gains and average losses over a specified period, typically 14 days, allowing traders and analysts to evaluate market momentum effectively.

The other provided options, while they contain terminology that may sound plausible within financial contexts, do not represent the established meaning of 'RSI' in technical analysis as recognized in the industry. Hence, the choice indicating 'Relative Strength Index' is the correct and widely acknowledged definition.