An RSI Divergence occurs when price moves in the opposite direction of the RSI.
The slope of the RSI does not match the slope of price.
A Divergence can be bullish or bearish. Divergences always end up correcting it seems.
This one is bearish.
Some would use the peaks of RSI to spot a Bearish Divergence and the valleys to spot a Bullish Divergence.
Possible W pattern that may have terminated at the 1.414 of the 1st leg up.
This stock is not profitable as of yet, and I did not realize UPST had made such a run to the upside. Wacky market for sure.
Short interest is over 30%.
No recommendation.
52 Week Range
11.93
47.46
Day Range
28.75
32.50
EPS (FWD)
-0.52
PE
-
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
34.99%
Market Cap
$2.57B
Volume
8,877,624
The slope of the RSI does not match the slope of price.
A Divergence can be bullish or bearish. Divergences always end up correcting it seems.
This one is bearish.
Some would use the peaks of RSI to spot a Bearish Divergence and the valleys to spot a Bullish Divergence.
Possible W pattern that may have terminated at the 1.414 of the 1st leg up.
This stock is not profitable as of yet, and I did not realize UPST had made such a run to the upside. Wacky market for sure.
Short interest is over 30%.
No recommendation.
52 Week Range
11.93
47.46
Day Range
28.75
32.50
EPS (FWD)
-0.52
PE
-
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
34.99%
Market Cap
$2.57B
Volume
8,877,624