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Stocks Screener - Overbought Relative Strength Index (RSI)

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Weekly RSI:> 80
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- 3/15/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
^DJI 38714.77-0.02%50.0178.31 3 Uptrend Broken SupportAdd to Watch List
^GSPC 5117.09-0.13%65.3282.24 2 Add to Watch List
ABBV 178.15-0.39%57.5683.62 6 47 4 Add to Watch List
AIG 76.272.50%88.6979.52 11 121 1 Add to Watch List
AME 181.520.04%69.8884.18 12 108 2 Add to Watch List
AMP 419.491.82%66.2680.99 11 41 1 Add to Watch List
AXP 218.46-2.20%61.1085.59 11 113 2 Add to Watch List
BRK.B 408.131.24%43.7672.99 11 95 Add to Watch List
BSX 66.23-2.11%35.6383.59 6 81 3 03/14/24	Bullish  Piercing Line
03/12/24	Bullish  Piercing Line
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CAT 346.972.29%76.8782.61 12 123 1 03/12/24	Bearish  Downside Tasuki Gap
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Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.
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