RSI(2) Signal Tracker
Track the performance of RSI-based stock picks. We buy the 5 most oversold stocks (expecting a bounce) and identify the 5 most overbought stocks (expecting a pullback).
📈 Oversold Picks
LongLowest RSI → Expecting Bounce
📉 Overbought Picks
Avoid/ShortHighest RSI → Expecting Pullback
📊 RSI Strategy
Long-Short⚡ Quick Stats
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📚 Understanding RSI Signal Tracking
📈 Oversold Picks (RSI < 30)
These are stocks with very low RSI(2) readings, indicating they've been selling off heavily. Historically, oversold stocks tend to bounce back.
- Lower RSI = more extreme oversold condition
- We expect these to go UP
- High win rate = signal is working
📉 Overbought Picks (RSI > 70)
These are stocks with very high RSI(2) readings, indicating they've been rallying heavily. Historically, overbought stocks tend to pull back.
- Higher RSI = more extreme overbought condition
- We expect these to go DOWN
- High loss rate = signal is working (they dropped as expected)
📊 The Long-Short Spread
The "L/S Spread" shows the difference between oversold and overbought performance. If oversold stocks average +1% and overbought stocks average -0.5%, the spread is +1.5%. A positive spread means the RSI signal has predictive power!