In progress now RSI into overbought / oversold · Indicator-based · reading down
3 hits in 111 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 05 Oct 2026
RSI into overbought / oversold completed on the candle that closed at week of 05 Oct 2026, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
RSI(14) rose to 71, into the overbought zone above 70.
What this pattern is taken to mean
Wilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).
What followed on this name's own record
Only 2 earlier hits on this name's weekly candles with 4 weeks after them — too few to say what usually follows. For what it is worth: the close 4 weeks later went the hit's way 0 of 2 times, median move +10.15%.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · n = 14, high = 70, low = 30
- Compute RSI(n) from the closes (Wilder smoothing).
- The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
- Only the crossing candle is a hit, not every candle spent inside the zone.
The last 3 hits on this name
- week of 05 Oct 2026 down RSI(14) rose to 71, into the overbought zone above 70.
- week of 06 Jul 2026 down RSI(14) rose to 71, into the overbought zone above 70.
- week of 27 Jan 2025 up RSI(14) fell to 29, into the oversold zone below 30.