jangseohee

Smoothness of Indicator

Short
NASDAQ:RENT   Rent the Runway, Inc.
0
Obviously bearish divergence for both RSI & MACD

Read an articles on the smoothness of RSI & MACD lines.

The uptrend of the RSI & MACD (labelled 1) are very smooth - Bulls in possession at least 80%
The uptrend of the RSi & MACD (labelled 2) are very jagged - Bull Bear possession is ~50%

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