The RSI study is an overbought/oversold indicator that measures the magnitude of a stock's recent gains to the magnitude of its recent losses on a scale from 0 to 100. Readings above 70 are considered overbought. whereas readings below 30 are considered to be oversold.
Stocks with overbought readings:
Southwest Airlines Co. LUV - RSI = 84.2
Tetraphase Pharmaceuticals Inc TTPH - RSI = 81.10
Glimcher Realty Trust GRT - RSI = 81
Lands’ End Inc LE - RSI = 80.54
Avid Technology Inc AVID RSI = 80.34
Stocks with oversold readings:
Copa Holdings, S.A. CPA - RSI = 25.20
Barret Business Services Inc BBSI RSI = 25.96
Cedar Fair, L.P. FUN - RSI = 28.65
Arch Capital group Ltd. ACGL - RSI = 28.79
AFLAC Incorporated AFL - RSI = 29.30
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