Tag: overbought indicators
The S&P 500 Index Is Overbought, What Now For Investors?
“Overbought means up a lot.” The Relative Strength Index, or RSI, shows a security’s price momentum relative to its normal price trajectory.
The S&P 500...
Is The Stock Market Historically Overbought?
After a huge five year rally,what should we make of things? Are the markets historically overbought? Here are some charts that I have been...
Google Stock Overbought, Flashing Caution For Traders
It's been a banner year for tech stocks. With the Nasdaq Composite up over 37 percent, it isn't a surprise to see shares of...
Extreme Market Readings Point to February Caution
By Sheldon McIntyre
As of Friday's closing price, the S&P 500 was 24% above it's 200 week moving average. This caught my attention, as it comes...
