$AGT daily RSI is 76.2, entering overbought territory, with the current price at 0.05003.
A beginner’s burning question: What is RSI?
When Wilder first introduced RSI, he used it in futures markets. Today, it comes built into pretty much every charting tool.
Many people pay more attention to the moment RSI exits overbought or oversold territory—for example, when it drops back below 70 after being above it—rather than trading against the trend as soon as it enters the zone.
Indicators can be wrong, but risk management is essential: deciding in advance what to do if you’re wrong matters more than trying to guess correctly.
This is just an opinion and may not be right. Trade at your own risk.
A beginner’s burning question: What is RSI?
When Wilder first introduced RSI, he used it in futures markets. Today, it comes built into pretty much every charting tool.
Many people pay more attention to the moment RSI exits overbought or oversold territory—for example, when it drops back below 70 after being above it—rather than trading against the trend as soon as it enters the zone.
Indicators can be wrong, but risk management is essential: deciding in advance what to do if you’re wrong matters more than trying to guess correctly.
This is just an opinion and may not be right. Trade at your own risk.