RE:RE:RSI is 35.35Hello,
RSI is the momentum indicator for technical analysis and at or under 30 it's mean the stock is oversold. And that technically we have to go under 30 for a turnaround (hopefully).
But does anyone here have a clue why this stock is in that momentum (why is the momentum going down, why are we in a downtrend)
This compagnies present good futur, sales are going up, the sector is promising. We are in the middle of a pandemic, lot of online medical service (regular and/or Mental health) are required.
I'm I missing somethng ? Why ? any clue ?
Thanks and GLTA
Charles