AMD and Intel continue to rise despite the Relative Strength Index (RSI) indicating overbought conditions for several weeks



AMD increased by 18% before trading hours after surpassing Q1 expectations, while Intel reached all-time highs. The RSI still indicates overbought conditions as the rally continues.

- AMD rose 18% before opening after exceeding Q1 expectations, Intel increased by 13%.
- Both stocks have daily RSI above 70 for most of April.
- Profit strength and AI demand continue to outpace sell signals
$AMDON $AMD $INTC
AMDON1.69%
AMD1.94%
INTC-0.75%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin