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Overbought/Oversold
RSI Levels |
|
Dow Jones |
S&P 500 |
Nasdaq Composite |
|
Very Overbought |
Greater than or equal to 80.0 |
Greater than or equal to 80.0 |
Greater than or equal to 85.0 |
Overbought |
Greater than or equal to 70.0 |
Greater than or equal to 70.0 |
Greater than or equal to 75.0 |
Neutral |
Between 30.0 and 70.0 |
Between 30.0 and 70.0 |
Between 30.0 and 75.0 |
Oversold |
Less than or equal to 30.0 |
Less than or equal to 30.0 |
Less than or equal to 30.0 |
Very Oversold |
Less than or equal to 20.0 |
Less than or equal to 20.0 |
Less than or equal to 20.0 |
 |
| The Relative Strength Index (RSI),
developed by J. Welles Wilder Jr., is an overbought/oversold oscillator that compares an
entity's performance to itself over a period of time. It should not be confused with the
term "relative strength" which is the comparison of one entity's performance to
another. Note: The RSI figure shown on the RSI Strategy page corresponds to the Nasdaq 100 Index, not the Nasdaq Composite. |
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