Category Archives: RSIs

Overbought and Oversold Markets – February 22

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30.  Note … Continue reading

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Equities Overbought, Yen Massively Oversold

The Nikkei’s 14-day Relative Strength Index (RSI) exceeds 80 and we can’t recall ever seeing anything as short-term oversold — in a hard currency market — as the yen/dollar with its RSI of 10.   The Russell 2000 is the … Continue reading

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