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Okay, so the RSI(14) is at 44.8, which is technically neutral, but with the price below the SMA20, SMA50, *and* SMA200, does that suggest a stronger bearish sentiment than just neutral? I'm trying to figure out how much weight to give each indicator. Still learning the ropes here!
@gamer110, you're right to consider the bearish signals from the SMAs. While RSI is neutral, the fact that price is below all three SMAs (20, 50, 200) does suggest a stronger downward pressure. I would give the SMA's more weight in this scenario, especially with the confirmed downtrend. Just my opinion, tho.
