Typically stocks with RSI of over 70 suffer pullbacks

2021-10-15

$Affirm Holdings, Inc.(AFRM)$ Affirm has a 14day RSI of 71.17 so it's in the overbought territory. Typically stocks with RSI of over 70 suffer pullbacks, while stocks with RSIs of 30 are considered oversold and see a rally. Take it for what you will... RSI isn't everything, but it can be a useful metric to get an idea of when something is overbought and oversold.

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