$SHELL | What Does a Neutral RSI Tell Us?
A technical report dated October 27 placed the daily RSI(14) near 51.8. This sits close to the midpoint, suggesting neither side has a clear momentum advantage based on RSI alone.
Momentum indicators work best when combined with price structure and volume.
#RSI #TechnicalAnalysis #MarketSignals
A technical report dated October 27 placed the daily RSI(14) near 51.8. This sits close to the midpoint, suggesting neither side has a clear momentum advantage based on RSI alone.
Momentum indicators work best when combined with price structure and volume.
#RSI #TechnicalAnalysis #MarketSignals
