Decreasing relative strength
ASHOKLEY
The Relative Strength Index (RSI) measures a stock's recent price changes to determine overbought or oversold conditions. A decreasing RSI indicates a loss of upward momentum.
What it means:
- Weakening buying pressure
- Potential trend reversal
- Increased selling activity
RSI levels to watch:
- Below 50: bearish
- Below 30: oversold
A decreasing RSI can be a useful indicator for traders to identify potential sell opportunities or adjust their strategies to adapt to changing market conditions.
#TimeToExit#TechnicalViews#EquityResearch

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