What Oversold Means for Stocks, With Examples
When there is good news about a stock, it can cause the shares to experience rapid price movement above its intrinsic value. As we stated earlier, when analysts declare that a stock is overbought it does not mean that the stock is underperforming. Like RSI, the moving average convergence divergence (MACD) is a trend-following https://g-markets.net/ momentum indicator that shows …