Referring to the RSI technical indicator, “oversold” is usually considered a reading of below 30. It is the inverse of overbought which would be a reading greater than 70. Both can be referred to equally as overdone.
Referring to the RSI technical indicator, “oversold” is usually considered a reading of below 30. It is the inverse of overbought which would be a reading greater than 70. Both can be referred to equally as overdone.