Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be ...LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesPartOfGuidetoTechnicalAnalysisExploreTheGuideOverviewKeyTechnicalAnalysisConceptsOverviewDowTheorySupportandResistanceBasicsSupport(SupportLevel)Resistance(ResistanceLevel)TrendPullbackBreakoutReversalOverboughtOversoldRelativeStrengthCandlestickVolumeGapGettingStartedwithTechnicalAnalysisOverviewBestWaystoLearnTechnicalAnalysisTop7BookstoLearnTechnicalAnalysisTopTechnicalAnalysisCoursesTheBestTechnicalAnalysisTradingSoftwareEssentialTechnicalAnalysisStrategiesOverviewTechnicalAnalysisStrategiesforBeginnersHowtoUseaMovingAveragetoBuyStocksHowtoUseVolumetoImproveYourTradingTheAnatomyofTradingBreakoutsMarketReversalsandHowtoSpotThemTechnicalAnalysisPatternsOverviewIntroductiontoTechnicalAnalysisPricePatterns5MostPowerfulCandlestickPatternsContinuationPatternTrendlinePriceChannelChanneling:ChartingaPathtoSuccessPlayingtheGapDoubl