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Commodities · indicator signal
RSI oversold bounce on Crude oil
On Crude oil the rsi oversold bounce showed up 56 times. The target came first 38% of the time, the stop 55%, and 7% went nowhere within 12 candles.
Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 20 | 55% | 40% | 5% |
| Hourly | 36 | 28% | 64% | 8% |
Crude oil against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Crude oil | 56 | 38% | 55% | 7% |
| All Commodities charts | 204 | 38% | 48% | 15% |
| Every market | 32,726 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 3 | 67% | 33% |
| 2017 | 4 | 75% | 25% |
| 2018 | 3 | 33% | 67% |
| 2020 | 3 | 67% | 33% |
| 2021 | 3 | 33% | 33% |
| 2024 | 16 | 50% | 50% |
| 2025 | 22 | 14% | 73% |
The last 8 times
- 22 Sep 2025, 13:00 UTC · hourly · target first after 4 candles
- 5 Aug 2025, 10:00 UTC · hourly · stop first after 2 candles
- 4 Aug 2025, 14:00 UTC · hourly · stop first after 2 candles
- 4 Aug 2025, 00:00 UTC · hourly · stop first after 8 candles
- 1 Aug 2025, 15:00 UTC · hourly · stop first after 6 candles
- 16 Jul 2025, 15:00 UTC · hourly · target first after 2 candles
- 16 Jul 2025, 12:00 UTC · hourly · stop first after 1 candle
- 10 Jul 2025, 18:00 UTC · hourly · went nowhere
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 Crude oil
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them
The rsi oversold bounce elsewhere
Gold · Silver · Copper · 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 Crude oil?
In 56 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 55%; 7% went nowhere within 12 candles.
What is the rsi oversold bounce?
RSI fell below 30, then climbed back above it. Selling may be tiring.