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1.61% 6.3¢ invictus energy ltd

An RSI less than 30 is usually used to define a share price as...

  1. BigAl82956
    50 Posts.
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    12/01/24
    09:50
    Post #: 71844250
    An RSI less than 30 is usually used to define a share price as oversold see quote from Investopedia below:

    "Traditionally, an RSI reading of 70 or above indicates an overbought situation. A reading of 30 or below indicates an oversold condition."

    https://www.investopedia.com/terms/r/rsi.asp

    RSI is 34.81 so not oversold.

    https://hotcopper.com.au/data/attachments/5878/5878881-66ba77a2b721c8b2adf7016eb33cd724.jpg






    IVZ Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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