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Re: budfoxfun post# 43688

Tuesday, 12/11/2018 9:29:33 AM

Tuesday, December 11, 2018 9:29:33 AM

Post# of 74201
EPAZ 14-day RSI is currently at 42.99, the 7-day stands at 38.41, and the 3-day is sitting at 31.69. The RSI, or Relative Strength Index, is a commonly used technical momentum indicator that compares price movement over time.

The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued.


ALL comments are In My Own OPINION. Please Use Your Own DD for Stock Trading.

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