This is a dedicated blog for RSI(Relative Strength Index) technical indicator. When all the monthly, weekly, and daily RSI7 values are below 30, it is a buy signal according to the blog of Mr.Bill Cara. For more info , please check out About page. Disclaimer

RSI daily report 2007-03-29 (All below 30:1)

29 Mar

Posted by HanaDaddy as Daily Stock Report

Daily,Weekly,Monthly all below 30
Total : 1

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
HOV	25.52	-0.03	-0.1%	25.15	24.95	23.68

Daily,Weekly,Monthly all below 35
Total : 1

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
HOV	25.52	-0.03	-0.1%	25.15	24.95	23.68

Daily,Weekly,Monthly all above 70
Total : 0

symbol	price	change	percent	rsi7m	rsi7w	rsi7d

Number of RSI7 > 70
Total: 18
CCJ, MBT, CHA, DEO, KSS, GOL, ATVI, TS, XOM, TOT, SU, STO, PTR, PBR, IMO, ECA, CVX, CEO,

Number of RSI7 < 30
Total: 7
NTES, MXIM, LLTC, INFY, HOV, BDK, PAYX,

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RSI7 Analysis : HOV

29 Mar

Posted by HanaDaddy as Uncategorized

Yesterday, we have HOV (Hovnanian Enterprises, Inc. ) with all rsi7m, rsi7w, and rsi7 daily under 30s . HOV design, constructs, and sell Condo single houses. and so on.

So here is some past history where its rsi7 values were below 30s.

And here is the graph from finance.google.com.

The red circle that I marked indicates the period where the stock was at the lowest point in the last year and they do match with the above RSI7 history (8/9 ~ 8/14).

Also , note that the stock was in the price range of $70 during the year 2005.

Many people forecast grim housing market so I believe it would be better to watch the stock for a while.