Educational reference. Measured from 1380 recorded 1m bars of MNQ (Micro E mini Nasdaq 100) on Monday, November 2, 2026.
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Educational purposes only — predictions are not certainties or financial advice.
RSI crossed above 70 6 separate times during the session, and the typical visit lasted 2 minutes. Across the whole session it sat above 70 for 1.9% of the time, between 30 and 70 for 91.2%, and below 30 for 7.0%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 1.9% | 26 | 6 | 2 min | 10 min | |
| Between 30 and 70 | 91.2% | 1258 | 36 | 16 min | 374 min | |
| Below 30 | 7.0% | 96 | 29 | 2 min | 10 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 6 times, with a median stay of 2 minutes and a longest of 10. 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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NinjaTrader next candlestick prediction Yes. PredictIndicators runs inside NinjaTrader 8: the predicted MNQ candles and the predicted indicators sit on your own chart, next to the indicators you already use. NinjaTrader 8 price prediction indicator →
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