Educational reference. Measured from 1020 recorded 1m bars of MCL (Micro Crude Oil) on Friday, October 23, 2026.
RSI crossed above 70 24 separate times during the session, and the typical visit lasted 1 minutes. Across the whole session it sat above 70 for 7.0% of the time, between 30 and 70 for 90.6%, and below 30 for 2.5%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 7.0% | 71 | 24 | 1 min | 13 min | |
| Between 30 and 70 | 90.6% | 924 | 33 | 25 min | 123 min | |
| Below 30 | 2.5% | 25 | 8 | 1 min | 15 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 24 times, with a median stay of 1 minutes and a longest of 13. 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.
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