RSI Cross Discussion
Find stocks which have either crossed above or below an RSI (14) level.
Go to the RSI Cross scan
Go to the RSI Cross scan
M
Magneto296 2 months ago
The RSI, cross above 50, is valuable, because it more often than not signals, when a trending equity has just finished a normal retracement, and begins to break up through the small downtrend line from the immediate peak. As the originator, of the concept, I have recently come upon a repeating timeous signal, on a weekly chart. However, I can say, it is not the same as the RSI cross of 50. The cross value is different from 50, however the RSI(14) value remains the same, ie 14 weeks instead of 14 days. I am not sure if the site enables weekly scans, as have been away for some months.
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