Is it possbile to predice price deviation with respect to RSI deviation

#1
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
 
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#2
Hello,

Yes, it is possible. Just google predictive RSI afl. Similarly moving average cross over can also can predict. Google binary search. Travel by train and net is not fully working so I can't help now.

Thanks

Rajeev
 
#3
Hello,

Yes, it is possible. Just google predictive RSI afl. Similarly moving average cross over can also can predict. Google binary search. Travel by train and net is not fully working so I can't help now.

Thanks

Rajeev
Thank you!! please do share in detail when you get time.

thanks
 
#5
#6
Hi,
Question is not clear. You must scan/exploration the code and the result shows almost exact value. For details refer Howard Bandy's book Quantitative Trading System.

Thanks,

Rajeev
 
#7
Hi,



In the above image it shows like a tool, used to compute price against a RSI level. My question is "does these kind of tools exist in the trading portal of zerodha/sharekhan etc ?? "

thanks
 

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