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Overbought & Oversold Situation
New123
Elite
10-Oct-2010 10:32     
 
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Both RSI & Stochastic indicators are the common tools used to measure when the stock price might be overbought or oversold. For RSI a rise above the value of 70 , indicates an overbought situation.For Stochastic indicator, a falls below the value of 20.indicates an oversold situation.

RSI & Stochastic

 

 
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