Educational reference. Measured from 1371 recorded 1m bars of MYM (Micro E mini Dow) on Monday, October 26, 2026.
RSI crossed above 70 11 separate times during the session, and the typical visit lasted 1 minutes. Across the whole session it sat above 70 for 1.6% of the time, between 30 and 70 for 94.5%, and below 30 for 3.9%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 1.6% | 22 | 11 | 1 min | 7 min | |
| Between 30 and 70 | 94.5% | 1295 | 26 | 33 min | 174 min | |
| Below 30 | 3.9% | 54 | 14 | 2 min | 17 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 11 times, with a median stay of 1 minutes and a longest of 7. 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.
Live confidence score RSI for NinjaTrader PredictIndicators draws the predicted RSI for MYM up to 30 bars ahead on NinjaTrader 8 and MetaTrader 5 charts, next to the RSI you already use. RSI indicator for NinjaTrader 8 and MT5 →
NT8 how is prediction accuracy measured for MYM A prediction is an estimate, not a certainty. PredictIndicators publishes its predicted values next to what the market actually did, so they can be checked before relying on them. Predictions vs what happened →
How to import a NinjaTrader 8 indicator for MYM In NinjaTrader 8 import the zip with Tools → Import → NinjaScript Add On; in MetaTrader 5 run the setup. Then add PredictIndicators to your MYM chart. How to install →