Incorrect RSI values fixed for NKE,BBD (Split stock)

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Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 04/04/2007

Tags: BBD, NKE, rsi, update

0

I have inserted an extra column named ‘adjclose’ to keep track of the normalized closed prices. So if a 1 to 2 split occurs , all the past prices will be divided by 2 and stored into adjclose column. And the rsi7 is calculated based on this adjusted close price to get the correct values.

I will need to run few scripts manually when the split occurs, so it is somewhat inconvenient for me.

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