Connect with us

Hi, what are you looking for?

Stock News

Are Extremely Overbought Conditions Good or Bad for Stocks?

When a stock shows an RSI value above 80, is that a good thing or a bad thing? In this video, Dave reviews a series of examples showing this “extreme overbought” condition, highlights how these signals usually occur not at the end of, but often earlier in an uptrend phase, and unveils how to use the StockCharts platform to scan for stocks meeting this criteria today!

This video originally premiered on November 13, 2024. Watch on our dedicated David Keller page on StockCharts TV!

Previously recorded videos from Dave are available at this link.

You May Also Like

Investing News

A short squeeze is a situation where a heavily shorted company goes parabolic, leading to substantial losses among short-sellers. This situation happens when a...

Investing News

A bull market is the best period in the financial market both for traders and investors alike. It is a period when most financial...

Investing News

In order to succeed as a day trader, people need to choose a good trading strategy, but this isn’t always enough to make things...

Investing News

Financial markets are not predictable, and traders aren’t either! In day trading, as in any other job, the human factor plays a significant role....