What Is the Standard Overbought and Oversold Range for the RSI Indicator?
The standard overbought range for the Relative Strength Index (RSI) is typically considered to be above 70, indicating that the asset may be overvalued and due for a correction. The standard oversold range is below 30, suggesting the asset may be undervalued and due for a bounce.
However, in strong trends, the RSI can remain in these extreme ranges for a long time.