Zoetis, 12Ys Inc clocking THE lowest RSI ever! Trough Yes ? No ?Zoetis, Inc. Class ABATS:ZTSsamitradingAi generated: " The Relative Strength Index (RSI) is a widely used momentum indicator in technical analysis that measures the speed and magnitude of recent price changes of an asset. It oscillates between 0 and 100 to help traders and investors identify overbought or oversold conditions, as well as potential trend reversals. Developed by J. Welles Wilder Jr., the RSI compares an asset's gains to its losses over a specific period (typically 14 periods). Overbought (Above 70): Readings of 70 or higher suggest that an asset has risen too quickly, potentially indicating it is overvalued and primed for a pullback or price correction. Oversold (Below 30): Readings of 30 or lower indicate that the asset has been heavily sold off and may be undervalued, suggesting a price rally or bounce could be imminent. Neutral (50): An RSI near 50 signifies neutral momentum, meaning the upward and downward movements are relatively balanced. "