Sentences with phrase «weekly rsi»

A move of the weekly RSI above 53.00 would confirm the long - term bull reversal and open the doors for a re-test of record highs.

Meanwhile, a drop below $ 9,017.41 (Jan. 17 low) would add credence to the bearish weekly RSI, and the bearish 50 - day MA and 100 - day MA crossover, and could yield a deeper sell - off towards $ 7,000.

Notice that there was no weekly RSI divergence before the 2010 significant correction began (see above chart).

Since the current weekly RSI is making new highs, a significant correction is now highly unlikely.

Notice how the 10 year yield is once again becoming overbought on a weekly RSI (weekly RSI is useful for the medium term).

Look at how overbought the 10 year Treasury yield's weekly RSI is.

In addition, a bullish divergence is spotted on the weekly RSI which suggests that reversal is on the horizon.

«One indicator that has been talked about lately is weekly RSI, which has now exceeded 80 for the first time since 1995,» he said in a note.

Not exact matches

• RSI is nearing overbought levels on the weekly chart.

First we will look at two very simple gold charts, with 50 and 200 day simple moving averages, RSI and MACD, both daily and weekly.

Look for an engulfing candle (on the bodies) on the daily chart above the 50 sma and then turn to the weekly to see if the rsi is pointing up.If you want more info just e-mail me.

Maybe the 6 % correction won't take place until there is divergence on the weekly / monthly rsi vs price?

On the weekly chart the price drop this week negated the possibility of a short term Positive RSI Reversal by making a new lower low.

So if I'm looking at a chart with weekly candles I'm using a 14 - week RSI.

RSI is used to compare the price of all stocks which are followed daily, weekly and monthly basis.

The weekly view shows SPY at the top of the rising channel but with support for more upside from a rising and bullish RSI and a MACD that is positive and growing.

A trader, having the trading knowledge, plan to take the position at a certain place and firstly decide place of loss and if traded position goes in favour the decision of taking profit depends upon a special formation of candles.In this way loss will be minimum and profit maximum.ALL time graph should be on the screen with some tecnical studies i.e, bolingr, macd, rsi and 5 moving averages.15 minutes graph is the pivital graph and when a special formation of candles take place the positin is taken and profit / loss is taken again on the formation of candles.Before taking position the trader should decide, mkt is bullish or bearish, and it can be well judged from the three period graphs, daily, weekly & monthly.I have experienced more than 70 % trades successful with big profit if not huge profit and minimum loss in case of unsuccessful trade.Market data is a deceiving activity and up / down of price rests only with technical machanism.

When looking at the weekly chart, the stochastic RSI appears poised to retest the 20 threshold after having dropped below such for the first time since mid-2017.