Lessons › Indicators › RSI: how strong the recent moves are
World 4 · Indicators · lesson 6 · level 2
RSI: how strong the recent moves are
RSI compares recent gains with recent losses on a scale from 0 to 100.
What it is
RSI fell below 30, then climbed back above it. Selling may be tiring.
Your task in the app
RSI just crossed back above 30. Buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 519 | 39% | 55% | 6% |
| United States | 512 | 42% | 54% | 4% |
| Japan | 269 | 46% | 50% | 4% |
| Crypto | 5,183 | 31% | 56% | 13% |
| Forex | 587 | 36% | 52% | 11% |
| Commodities | 186 | 35% | 50% | 14% |
Counted on real past charts by the Trading Class research engine, 7,256 cases in all. Past odds, not a forecast.
Read more on the RSI oversold bounce pattern page.
Goal of this lesson: Read the Relative Strength Index and use overbought and oversold readings correctly.