Fet Rsi Divergence
2024-10-15

A bullish signal on the RSI indicator signals that the price did not move in sync with the RSI; the price moved low, but the RSI moved less. This bullish divergence is an indication of strengthening momentum as show in the Fet chart. A bearish signal on the RSI indicator signals that the price and RSI are not in sync.

The price formed a higher move than the RSI. This bearish divergence is an indication of weak momentum.