NEUTRAL — weekly RSI(14) is 48.61, which is neutral, and the strongest signal is the lack of any divergence confirmation; confidence: high.
- – Current RSI and state: The current weekly RSI(14) is 48.61, so it is neither overbought nor oversold; it is neutral.
- – Direction over the last four weeks: RSI was 39.89 four bars ago and is now 48.61, so the weekly RSI has been rising over the last four weeks.
- – Most recent 70/30 band event: The most recent band event was falling back below 70 on 2026-03-02, which was 32 bars ago.
- – Divergence checks: No bearish divergence was found on the last two price pivots, and no bullish divergence was found on the last two price pivots.
What would change this read
- – A move to RSI 70 or higher would change the overbought/neutral framing.
- – A move to RSI 30 or lower would change the oversold/neutral framing.
- – A drop back to the prior RSI reading of 39.89 would reverse the current four-week rising direction.