RSI
Americanabbreviation
abbreviation
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Many chart watchers view any RSI reading below 30 as indicating an “oversold” condition, which suggests a bounce could be coming as bears take a break from selling to catch their breath.
From MarketWatch
Back in 2015, while the stock bottomed on Aug. 25 of that year, the RSI had dipped into oversold territory for the first time in 18 months in the previous January.
From MarketWatch
And in 2022, which was the last time Microsoft’s stock suffered a yearly decline, the RSI first fell below 30 in late January, and the last time it was oversold was in late September.
From MarketWatch
When the stock bottomed at a nearly two-year low that Nov. 3, the RSI was only able to get down to 34.95.
From MarketWatch
During the current bout of weakness, the RSI first fell below 30 on Nov. 21 of last year.
From MarketWatch
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
