Educational reference. Measured from 69 recorded 15m bars of MCL (Micro Crude Oil) on Friday, October 16, 2026.
RSI crossed above 70 2 separate times during the session, and the typical visit lasted 172 minutes. Across the whole session it sat above 70 for 33.3% of the time, between 30 and 70 for 66.7%, and below 30 for 0.0%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 33.3% | 23 | 2 | 172 min | 315 min | |
| Between 30 and 70 | 66.7% | 46 | 2 | 345 min | 465 min | |
| Below 30 | 0.0% | 0 | 0 | 0 min | 0 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 172 minutes and a longest of 315. 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.