For my own educational purposes. Not to be used as financial advice.
1Y
Being held under 200EMA with decreasing volume.
RSI - Is in overbought territory, bearish.
MFI - Is in a downtrend, showing bearish sentiment.
5Y
Volume is still decreasing, meaning it is bearish.
RSI - Is in a downtrend, bearish.
MFI - In in an uptrend, bullish. *note that this uptrend was from the drop in March when everything went down. This would just be a correction, possibly a dead cat bounce
All-Timeline
Volume is slightly higher, bullish.
RSI - Is in oversold, bullish.
MFI - Is in a downtrend, bearish.
This could give off mixed signals, but when we take into account the state of the market and the economy, I feel the bearish signals are stronger. I feel we are in for more downside.
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We are reaching a peak on the RSI on the ALL timeframe. The fall could be on its way.
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This extension went on longer than anticipated and like I said there were mixed signals. RSI went from bullish and now is bearish.
RSI on the ALL timeframe is overextended and hit 100. Watch for the fall.