184k views
2 votes
Which of the following relative strength values would most indicate that a stock is oversold?A) 120B) 80C) 20D) -20

1 Answer

5 votes

Answer: A higher value on a stock it´s not always a sign of a prolific market

Step-by-step explanation: An oversold stock, asset or product can be considered as a great and well balanced market. But sometimes when that value surpasses a determinate numer (it depends on the asset/stock/product), we say that it´s OVERSOLD. If the asset faces a low stock, the balance between supply and demand can be broken.

User Zkcro
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories