What you should know…The Relative Strength Index (RS) is Oversold on the
-daily time frame
- weekly time frame
- monthly time frame
the average is around 25...
The Relative Strength Indicator is a technical indicator that tells the stock trader/investor when to buy and sell
It provides warning of a trend reversal.
But not always...I recall TLRY tanking from $300 to $6 with an RSI at these levels.
If you don't know RSI (relative strength index), learn it.
It's an essential technical indicator which is added to your chart and easy to learn.