Markets › Copper › RSI overbought drop
Commodities · indicator signal
RSI overbought drop on Copper
On Copper the rsi overbought drop showed up 55 times. The target came first 53% of the time, the stop 42%, and 5% went nowhere within 12 candles.
Counted on Copper futures: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 39 | 54% | 46% | 0% |
| Hourly | 16 | 50% | 31% | 19% |
Copper against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Copper | 55 | 53% | 42% | 5% |
| All Commodities charts | 374 | 33% | 60% | 7% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 4 | 25% | 75% |
| 2017 | 5 | 40% | 60% |
| 2019 | 5 | 60% | 40% |
| 2020 | 5 | 40% | 60% |
| 2021 | 7 | 57% | 43% |
| 2024 | 6 | 67% | 33% |
| 2025 | 11 | 45% | 36% |
| 2026 | 6 | 50% | 33% |
The last 8 times
- 6 Aug 2026, 10:00 UTC · hourly · target first after 3 candles
- 6 Aug 2026, 00:00 UTC · hourly · target first after 5 candles
- 4 Aug 2026, 12:00 UTC · hourly · went nowhere
- 12 Jun 2026, 20:00 UTC · hourly · stop first after 1 candle
- 12 Jun 2026, 05:00 UTC · hourly · stop first after 4 candles
- 9 Feb 2026, 00:00 UTC · hourly · target first after 10 candles
- 10 Oct 2025 · daily · stop first after 1 candle
- 6 Oct 2025 · daily · stop first after 2 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the rsi overbought drop is
RSI rose above 70, then fell back below it. Buying may be tiring.
Run up a hill as fast as you can and soon you need a breather. RSI is a gauge from 0 to 100 that shows how hard price has been pushed lately. Above 70 means price was pushed up very hard, and dropping back below 70 hints the buyers may be tiring.
The full rsi overbought drop lesson, video and quiz ›
Other patterns on Copper
Inside bar · Stochastic bearish cross · Doji · Stochastic bullish cross · Spinning top · MACD bearish cross · Volume profile rejection · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Volume profile bounce · all of them
The rsi overbought drop elsewhere
Gold · Silver · Crude oil · Natural gas · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi overbought drop work on Copper?
In 55 cases on Copper, the target (1.5 × ATR) came before the stop (1 × ATR) 53% of the time and the stop came first 42%; 5% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.