Since the year started, OBV had stayed above the horizontal purple arrow, but since mid-May, it has been downtrending, and on June 5th, it crossed below this level.
RSI divergence shows some strength, as we are making higher lows. But the order of importance is: price, volume, RSI.
The width of the Bollinger Band hasn't been this low YTD, which is signaling some potential volatility.
RSI divergence shows some strength, as we are making higher lows. But the order of importance is: price, volume, RSI.
The width of the Bollinger Band hasn't been this low YTD, which is signaling some potential volatility.
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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.