Here are the top 25 most overvalued and most oversold ETFs on the market, out of the universe of 776 ETFs, sorted by RSI7 daily. This is a short term indicator.
Most oversold:
The average RSI of these is 26.79.
(please click to enlarge)
Most overbought (in reverse order):
The average RSI of these is 79.89.
Tuesday, November 17, 2009
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