Indicator Overview
Current Value: 90.22 (Overbought)
The Stoch RSI is an oscillator that measures RSI's position within its high-low range over a specific period.
Interpretation
Values above 80 indicate an overbought condition, signaling a potential reversal or pullback. Currently, selling pressure could increase.
Key Rules
- Stoch RSI > 80: Overbought; watch for selling opportunities.
- Stoch RSI < 20: Oversold; watch for buying opportunities.
- Use in conjunction with RSI and MACD for stronger signals.
Example Chart