Reading SHELL’s RSI requires paying attention to the time frame

In the daily chart dated 4/11, SHELL’s RSI(6) is 42.80 on the daily time frame, while the weekly time frame shows 47.81.

These two figures reflect movements over different periods. The short-term RSI can change more quickly, while the weekly RSI generally reflects longer-term movement.

Therefore, when analyzing SHELL, specify the time frame rather than simply saying that the RSI is at a certain level.

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