Índice Nifty 50
Formación

RSI trading

250
RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued. A value of 50 signifies a balance between bullish and bearish positions or a neutral stance

In the chart below, RSI is the blue line in the section below the S&P 500 price. Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.

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