Is it possbile to predict price deviation with respect to RSI deviation
Hello Experts,
I understand that when RSI of a stock is low and start increasing there is good probability of price increasing & vice versa.
Is there any method to find out how much would the price deviate with respect to deviation in RSI.
Example, a stock with RSI 50 has price Rs.100 and when i expect the RSI to fall to 30, how do i estimate (approximate/exact) the price at RSI level-30.
Thanks
Hello Experts,
I understand that when RSI of a stock is low and start increasing there is good probability of price increasing & vice versa.
Is there any method to find out how much would the price deviate with respect to deviation in RSI.
Example, a stock with RSI 50 has price Rs.100 and when i expect the RSI to fall to 30, how do i estimate (approximate/exact) the price at RSI level-30.
Thanks
Last edited: