Markets › Copper › RSI oversold bounce
Commodities · indicator signal
RSI oversold bounce on Copper
On Copper the rsi oversold bounce showed up 22 times. The target came first 41% of the time, the stop 41%, and 18% 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 | 16 | 31% | 44% | 25% |
| Hourly | 6 | 67% | 33% | 0% |
Copper against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Copper | 22 | 41% | 41% | 18% |
| All Commodities charts | 204 | 38% | 48% | 15% |
| Every market | 32,726 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2019 | 3 | 33% | 67% |
| 2020 | 3 | 0% | 0% |
| 2022 | 5 | 20% | 60% |
| 2024 | 4 | 25% | 75% |
| 2025 | 3 | 100% | 0% |
The last 8 times
- 24 Jul 2026, 06:00 UTC · hourly · target first after 1 candle
- 23 Mar 2026, 01:00 UTC · hourly · stop first after 4 candles
- 10 Apr 2025 · daily · target first after 2 candles
- 9 Apr 2025, 00:00 UTC · hourly · target first after 6 candles
- 28 Mar 2025, 08:00 UTC · hourly · target first after 4 candles
- 19 Dec 2024, 00:00 UTC · hourly · stop first after 4 candles
- 7 Nov 2024, 00:00 UTC · hourly · target first after 1 candle
- 31 Jul 2024 · daily · stop first after 1 candle
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 oversold bounce is
RSI fell below 30, then climbed back above it. Selling may be tiring.
Stretch a rubber band far and it wants to snap back. RSI is a gauge from 0 to 100 that shows how hard price has been pushed up or down lately. Below 30 means price was pushed down very hard, and climbing back above 30 hints the selling may be tiring.
The full rsi oversold bounce 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 oversold bounce elsewhere
Gold · Silver · Crude oil · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY
Questions
How often does the rsi oversold bounce work on Copper?
In 22 cases on Copper, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 41%; 18% went nowhere within 12 candles.
What is the rsi oversold bounce?
RSI fell below 30, then climbed back above it. Selling may be tiring.