Educational reference. Measured from 138 recorded 10m bars of MCL (Micro Crude Oil) on Thursday, September 3, 2026.
RSI crossed above 70 2 separate times during the session, and the typical visit lasted 40 minutes. Across the whole session it sat above 70 for 5.8% of the time, between 30 and 70 for 90.6%, and below 30 for 3.6%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 5.8% | 8 | 2 | 40 min | 70 min | |
| Between 30 and 70 | 90.6% | 125 | 5 | 90 min | 900 min | |
| Below 30 | 3.6% | 5 | 2 | 25 min | 30 min |
RSI compares the size of recent gains with recent losses, so a reading above 70 says buying has dominated the last 14 bars — not that price is high. A long stay above 70 is a market trending up, which is the opposite of the reversal the word 'overbought' suggests.
Here the reading entered overbought territory 2 times, with a median stay of 40 minutes and a longest of 70. A brief excursion above 70 that resolves in minutes is noise on this timeframe. A sustained one is the signature of a trend that is still running, and selling into it is how traders get run over.