Aftermath
After an RSI oversold reading, over the next month
The 14-day RSI falls below 30. Below, the latest ones, each with what the stock did after its own past events of this kind. Updated .
The typical S&P 500 stock gained +2.09% over the next month after an RSI oversold reading (half of them between +0.06% and +4.35%), against +0.82% on any day.
Latest oversold readings, last few sessions
| Entry | Stock | Up after past ones, 1 month | Middle half | Worst · best | |
|---|---|---|---|---|---|
| Oct 30 | APP AppLovin | RSI 25.0, -10.4% on the day | 3 of 11 | -12.2% to +3.2% | -27% · +35% |
| Oct 30 | BAC Bank of America | RSI 27.7, -2.2% on the day | 6 of 12 | -7.6% to +6.0% | -17% · +14% |
| Oct 30 | HOOD Robinhood Markets | RSI 29.3, -7.2% on the day | 4 of 8 | -11.2% to +11.1% | -33% · +31% |
| Oct 30 | INTC Intel | RSI 25.1, -28.6% on the day | 3 of 9 | -10.2% to +12.0% | -19% · +25% |
| Oct 30 | MELI | RSI 29.9, -2.1% on the day | 6 of 7 | +4.5% to +15.9% | -8% · +23% |
| Oct 30 | OPEN | RSI 28.8, -5.3% on the day | 5 of 14 | -21.5% to +6.4% | -26% · +109% |
| Oct 30 | RDDT Reddit | RSI 17.5, -29.2% on the day | 2 of 4 | -22.0% to +15.8% | -31% · +27% |
| Oct 30 | STNE | RSI 29.0, -3.1% on the day | 7 of 12 | -4.2% to +13.7% | -11% · +37% |
| Oct 30 | TER Teradyne | RSI 28.9, -7.4% on the day | 5 of 8 | -3.9% to +8.3% | -10% · +25% |
| Oct 29 | BG Bunge Global | RSI 27.1, -4.7% on the day | 8 of 11 | -0.1% to +7.9% | -8% · +12% |
| Oct 29 | FTNT Fortinet | RSI 27.6, -20.1% on the day | 7 of 7 | +5.7% to +21.2% | +4% · +26% |
| Oct 29 | NOW ServiceNow | RSI 28.5, -26.9% on the day | 6 of 12 | -6.9% to +12.7% | -26% · +34% |
| Oct 28 | FFIV F5, Inc. | RSI 27.0, -20.4% on the day | 4 of 8 | -5.3% to +3.4% | -11% · +11% |
| Oct 28 | WOOD | RSI 28.4, -1.6% on the day | — | ||
| Oct 27 | BA Boeing | RSI 25.3, -10.7% on the day | 12 of 16 | -0.4% to +8.6% | -17% · +36% |
| Oct 27 | XYL Xylem Inc. | RSI 27.7, -14.2% on the day | 6 of 17 | -6.6% to +4.6% | -17% · +16% |
| Oct 26 | EWZ | RSI 30.0, -19.8% on the day | 5 of 8 | -5.8% to +7.0% | -10% · +8% |
| Oct 26 | GOOG Alphabet Inc. (Class … | RSI 29.2, -1.0% on the day | 5 of 9 | -1.8% to +11.8% | -8% · +24% |
| Oct 26 | GOOGL Alphabet Inc. (Class … | RSI 29.6, -1.1% on the day | 5 of 9 | -1.8% to +12.1% | -8% · +25% |
| Oct 26 | NBIS | RSI 28.8, -3.5% on the day | — | ||
| Oct 26 | PCAR Paccar | RSI 29.2, -2.4% on the day | 2 of 5 | -4.9% to +0.7% | -6% · +13% |
Each row is one stock's latest event, with what that stock did the next month after its own past events of this kind (the past 5 years, from the close of the session each was known). We don't rank stocks on these records: in our backtests, how a stock did after its past events did not predict its next one, and across the S&P 500 no kind of event leaned up or down after its day. History, not a forecast. Not advice.