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 2007-04-09 (All below 30:1)

09 Apr

Posted by HanaDaddy as Daily Stock Report

Daily,Weekly,Monthly all below 30
Total : 1

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
MU	11.18	-0.33	-2.9%	29.22	26.26	27.73

Daily,Weekly,Monthly all below 35
Total : 3

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
NTES	17.34	+0.08	+0.5%	33.05	32.71	24.11
HOV	23.85	-0.64	-2.6%	32.36	22.15	24.58
MU	11.18	-0.33	-2.9%	29.22	26.26	27.73

Daily,Weekly,Monthly all above 70
Total : 6

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
KSS	78.47	+0.09	+0.1%	79.07	75.62	85.41
MICC	83.57	+0.27	+0.3%	90.90	73.56	84.17
EXC	72.08	+0.38	+0.5%	89.31	80.00	79.17
ATVI	19.21	+0.03	+0.2%	70.61	71.19	73.40
ABV	57.10	+0.89	+1.6%	78.87	71.71	71.70
MBT	60.72	+2.02	+3.4%	71.89	76.52	70.61

Number of RSI7 > 70
Total: 30
CEO, CVX, ECA, IMO, PBR, BHP, RIO, GGB, GFI, NUE, SLW, TCK, VCP, ATVI, BBBY, KSS, ABV, DEO, WMT, JNJ, DB, HBC, MFC, RY, INTC, CHA, MBT, CCJ, EXC, MICC,

Number of RSI7 < 30
Total: 7
GE, PAYX, HOV, TM, MXIM, MU, NTES,

Read the rest of this entry »

0 Comments
No Tags

RSI daily report 2007-04-05 (All below 30:0)

05 Apr

Posted by HanaDaddy as Daily Stock Report

Daily,Weekly,Monthly all below 30
Total : 0

symbol	price	change	percent	rsi7m	rsi7w	rsi7d

Daily,Weekly,Monthly all below 35
Total : 2

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
NTES	17.26	-0.07	-0.4%	33.26	33.60	18.40
HOV	24.49	+0.53	+2.2%	32.49	22.61	29.86

Daily,Weekly,Monthly all above 70
Total : 6

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
KSS	78.38	+0.40	+0.5%	79.14	73.31	84.97
MICC	83.30	+1.93	+2.4%	91.02	73.66	83.53
EXC	71.70	+0.66	+0.9%	90.65	85.03	77.34
ATVI	19.18	-0.12	-0.6%	71.84	71.09	72.78
BHP	49.48	-0.40	-0.8%	70.77	75.75	71.11
WBK	107.65	0.00	0.0%	81.78	76.69	70.99

Number of RSI7 > 70
Total: 26
CEO, CVX, ECA, PBR, SU, TOT, XOM, BHP, RIO, GFI, SLW, VCP, ATVI, KSS, DEO, DB, HBC, MFC, RY, WBK, GOOG, ORCL, YHOO, CCJ, EXC, MICC,

Number of RSI7 < 30
Total: 4
PAYX, HOV, TM, NTES,

Read the rest of this entry »

0 Comments
No Tags

Incorrect RSI values fixed for NKE,BBD (Split stock)

04 Apr

Posted by HanaDaddy as Uncategorized

I have inserted an extra column named ‘adjclose’ to keep track of the normalized closed prices. So if a 1 to 2 split occurs , all the past prices will be divided by 2 and stored into adjclose column. And the rsi7 is calculated based on this adjusted close price to get the correct values.

I will need to run few scripts manually when the split occurs, so it is somewhat inconvenient for me.

RSI daily report 2007-04-04 (All below 30:0)

04 Apr

Posted by HanaDaddy as Daily Stock Report

Daily,Weekly,Monthly all below 30
Total : 0

symbol	price	change	percent	rsi7m	rsi7w	rsi7d

Daily,Weekly,Monthly all below 35
Total : 1

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
HOV	23.96	-0.57	-2.3%	31.57	25.70	17.24

Daily,Weekly,Monthly all above 70
Total : 8

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
KSS	77.98	-0.02	-0.0%	75.89	73.02	83.07
ATVI	19.30	+0.17	+0.9%	72.75	74.01	79.11
BHP	49.88	+0.16	+0.3%	72.84	78.89	79.06
MICC	81.37	+0.84	+1.0%	89.83	73.22	78.11
EXC	71.04	-0.28	-0.4%	81.98	83.28	73.96
MBT	59.77	+1.44	+2.5%	74.39	72.01	71.48
WBK	107.65	+0.57	+0.5%	78.36	75.10	70.99
VIP	98.57	+0.56	+0.6%	87.55	79.60	70.46

Number of RSI7 > 70
Total: 29
ABB, ATVI, BHP, CCJ, CEO, CHA, CVX, DB, DEO, ECA, ERJ, EXC, GFI, GGB, KSS, MBT, MICC, ORCL, PBR, RIO, SLW, SNDK, SU, SWK, TOT, VCP, VIP, WBK, XOM,

Number of RSI7 < 30
Total: 2
HOV, PAYX,

Read the rest of this entry »

0 Comments
No Tags

NKE’s daily RSI7 is just 4?

03 Apr

Posted by HanaDaddy as Uncategorized

RSI daily report generated for 04/03/2007 have 3 stocks listed for ALL(Monthly,Weekly,Daily) RSI7 under 30. And NIKE (NKE) is the one of them. And has RSI7 value of just 4. If this was the correct value, I would have loaded up with NIKE right away.

Daily,Weekly,Monthly all below 30
Total : 3

symbol	price	change	percent	rsi7m	rsi7w	rsi7d
NKE	53.20	-0.01	-0.0%	21.43	13.32	4.02
BBD	20.36	+0.36	+1.8%	26.89	17.13	8.85
HOV	24.53	+0.16	+0.7%	27.30	27.75	20.66

But sadly , the value was incorrect caused by the stock split. Both NKE and BBD’s stock have split today. I did not think of the stock splits when I implemented RSI formula originally.

I have checked other websites to see how their calculations are done.

For www.stockcharts.com, the RSI7 daily value is 47.96 which looks more like a correct value. They normalized the past prices dividing by 2 ( since the stock has been split from 1 to 2 ratio) and calculated the RSI value.

But www.easystock.com doesn’t account the split just like I didn’t. Their daily RSI7 value is just 4 , same as mine.

It feels like that the stockchart.com method is correct, but I don’t like that the normalized historical are showing in the chart.(All past prices are divided by 2)

I will need some time to think how to implement it.