Q3 Earnings Watchlist Lists RSI Readings of 85, 84 and 80
Photo: TokenPost
A Q3 earnings-season watchlist lists Relative Strength Index (RSI) readings of 85 for Alarm.com, 84 for Braze and 80 for Netskope. Each value meets or exceeds the commonly used 70 threshold for overbought conditions. The watchlist gives no observation times or calculation details for the readings. The figures therefore do not establish that the three stocks had comparable momentum readings at the same point in trading. RSI measures price momentum. A reading above 70 is commonly treated as overbought, but a high value alone does not show that a reversal is imminent.
Source: TokenPost
