kayli2186 kayli2186

10-10-2019
Business

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

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maxrocha24 maxrocha24

10-10-2019

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

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.

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