🔍 RSI Extremes Across The S&P 500: Trend Exhaustion or Just Getting Started?
The Relative Strength Index (RSI) helps spot overextended moves, whether too hot or too cold.
Here are some of the most stretched names right now, along with their 1-month performance:
🥵 Overbought (RSI >70)
$SNDK (Sandisk): 127% $BG (Bunge Global): 22%$BA (Boeing): 20%$MRNA (Moderna): 59%$TDY (Teledyne): 24%
$SNDK (Sandisk): 127%
$BG (Bunge Global): 22%
$BA (Boeing): 20%
$MRNA (Moderna): 59%
$TDY (Teledyne): 24%
🥶 Oversold (RSI < 30)
$NOW (ServiceNow): -19%$INTU (Intuit): -22%$GDDY (Godaddy): -17%$WDAY (Workday): -16%$NFLX (Netflix): -10%
$NOW (ServiceNow): -19%
$INTU (Intuit): -22%
$GDDY (Godaddy): -17%
$WDAY (Workday): -16%
$NFLX (Netflix): -10%
⚠️ Which of these names do you think is ready to reverse... and which might still have room to run further?