Bullish Divergence
Bullish divergence in RSI occurs when:
The stock makes a lower low while the RSI forms a higher low
RSI doesn't confirm the low and shows strengthening momentum
The price and RSI are not in sync, with the price forming a higher move than the RSI
The stock makes a lower low while the RSI forms a higher low
RSI doesn't confirm the low and shows strengthening momentum
The price and RSI are not in sync, with the price forming a higher move than the RSI
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.