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What are the market characteristics of highly passivated RSI indicators?
The high passivation of indicators can only be formed when the market strength is obvious. Take RSI as an example. Under normal circumstances, RSI index rose from low to high and exceeded 80. We believe that the market has entered the overbought stage and may fall back at any time, which is the opportunity to sell in the short term. However, some powerful stocks sometimes refuse to fall back above the high level and still rise steadily. However, the stock price may increase more and more, while the index will increase less and less.

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Tips:

1. The above contents are for reference only and do not make any suggestions. Related products are issued and managed by corresponding platforms or companies, and banks are not responsible for product investment, redemption and risk management;

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: 2021-12-15. Please refer to the latest business changes announced by Ping An Bank in official website.