MU Relative Streng Index (RSI)

MU
For bullish events,we may be seeing higher prices as the price seems to be recovering from oversold as losses on down periods (over the last 14 bars ) are no longer overwhelming gains on up periods to the same extent.The opposite is true for bearish events, which signal lower prices ahead as the price seems to be recovering from overbought because up days are no longer overwhelming down days to quite the same extent.