Markets › Nasdaq 100 › RSI overbought drop
US stock market · indicator signal
RSI overbought drop on Nasdaq 100
On Nasdaq 100 the rsi overbought drop showed up 134 times. The target came first 37% of the time, the stop 61%, and 2% went nowhere within 12 candles.
Counted on Nasdaq 100: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 68 | 34% | 66% | 0% |
| Hourly | 66 | 39% | 56% | 5% |
Nasdaq 100 against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Nasdaq 100 | 134 | 37% | 61% | 2% |
| All US stock market charts | 3,618 | 37% | 60% | 3% |
| Every market | 36,014 | 34% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 4 | 25% | 75% |
| 2017 | 12 | 17% | 83% |
| 2018 | 6 | 83% | 17% |
| 2019 | 6 | 17% | 83% |
| 2020 | 8 | 25% | 75% |
| 2021 | 6 | 67% | 33% |
| 2023 | 8 | 25% | 75% |
| 2024 | 5 | 60% | 40% |
| 2025 | 49 | 35% | 63% |
| 2026 | 30 | 40% | 53% |
The last 8 times
- 6 Oct 2026, 15:30 ET · hourly · target first after 1 candle
- 5 Oct 2026, 15:30 ET · hourly · stop first after 1 candle
- 2 Oct 2026, 10:30 ET · hourly · stop first after 6 candles
- 23 Sep 2026, 09:30 ET · hourly · stop first after 1 candle
- 13 Aug 2026, 13:30 ET · hourly · went nowhere
- 13 Aug 2026, 10:30 ET · hourly · went nowhere
- 5 Aug 2026, 15:30 ET · hourly · target first after 1 candle
- 1 Jul 2026, 09:30 ET · hourly · target first after 7 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 Nasdaq 100
Inside bar · Stochastic bearish cross · Gap up · Gap down · Stochastic bullish cross · MACD bearish cross · Spinning top · EMA 9/21 bullish cross · EMA 9/21 bearish cross · Doji · all of them
The rsi overbought drop elsewhere
Dow Jones · S&P 500 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Intel · Sensex · Nifty 50 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver
Questions
How often does the rsi overbought drop work on Nasdaq 100?
In 134 cases on Nasdaq 100, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 61%; 2% went nowhere within 12 candles.
What is the rsi overbought drop?
RSI rose above 70, then fell back below it. Buying may be tiring.