ilmscore | Prediction Details
"let's take the the example of arcade developers okay so recently uh a comparatively recent listing you can see here this is September 24th and what you can see here low high a lower low again a lower high and again a lower low so if I were to just draw these and if I were to just join the lows here very clearly you can see that a lower low has been formed in the price so is the price showing weakness yes is the RSI showing weakness so for that let us just take RSI into a half screen Zone and let's say from here in the same time frame from here let me draw this till here okay can you very clearly see that the price has formed a lower low but RSI has formed a higher low and this means that the pace at which it was falling the strength which would it it was falling that is drying up now and there could be signs of bottoming out and there could be signs of reversal"
By CA Rachana Phadke Ranade | December 6, 2024 | Pending
From video
Reversal Stocks Part 1 | 3 Reversal Stocks | CA Rachana Ranade 00:04:27 - 00:05:35
Interpreted Prediction
Arcade Developers showed a lower low in price but a higher low in RSI, indicating weakening downward momentum and potential for a reversal.

Prediction Details

Ticker
ARDEV

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