Friday, May 31, 2024

What Is the Random Walk Index (RWI)? | Investopedia

 

What Is the Random Walk Index (RWI)?

The random walk index (RWI) is a technical indicator that compares a security's price movements to random movements in an effort to determine if it's in a statistically significant trend. It can be used to generate trade signals based on the strength of the underlying price trend.

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