Technical analysis
RSI (relative strength index)
The RSI is an indicator that measures, from 0 to 100, whether an asset is overbought or oversold.
The RSI is an indicator that measures, from 0 to 100, whether an asset is overbought or oversold.
Above 70, the asset is often considered overbought (the rise may be excessive); below 30, oversold. The RSI alone is not a buy or sell order, but it flags zones where price may react.
A stock rises sharply and its RSI hits 78: some traders watch for a likely pause.
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