RSI

we can see that the Relative Strength Index (RSI) moved above the 70 level, which is considered the overbought zone. An RSI reading above 70 often indicates that the stock is overextended on the upside and may face selling pressure. As highlighted, once the RSI entered this zone, the price started declining, confirming the overbought condition and signaling a reversal or correction in the trend. This shows how RSI can act as a warning sign for traders to anticipate potential pullbacks after strong rallies.