3 Oversold Stocks with Big RSI Rebound Potential
BioMarin Pharmaceutical(BMRN) MarketBeat·2024-10-03 13:09
Everybody loves finding a bargain or getting a good deal, and it's no different when it comes to stocks. One of the most popular technical indicators for helping investors find these is the Relative Strength Index (RSI). Every stock has one. It works by considering a stock's recent performance over the past 14 trading days and spitting out a number ranging from 0 to 100. An RSI reading of more than 70 suggests extremely overbought conditions, while a reading below 30 suggests the opposite. The more extreme ...