Signals/RSI Oversold Thrust

RSI Oversold Thrust

Currently Firing

SPY's 14-day Relative Strength Index was below 30 at some point in the last 20 trading days and today crosses above 60. A momentum thrust off an oversold low — a sharp, decisive recovery from a panic condition back to an overbought-leaning regime.

Rule
RSI(14) < 30 within last 20 sessions. Yesterday: RSI < 60. Today: RSI >= 60.
13 occurrencesData: 1993-02-022026-04-14Cooldown: 20 trading daysLast trigger: 2026-04-09

Forward Returns

Horizon% PositiveAvg ReturnMedianBestWorstN
1w67%+0.21%+0.52%+2.70%-4.17%12
1m75%+1.83%+3.01%+4.87%-6.61%12
3m92%+5.75%+6.18%+14.05%-2.41%12
6m92%+10.75%+11.12%+29.47%-11.72%12
9m92%+12.75%+12.32%+34.04%-8.69%12
12m92%+18.27%+16.76%+42.80%-11.77%12

SPY with Trigger Markers

Signal trigger · log scale

Historical Occurrences

DateSPY1w1m3m6m9m12m
2026-04-09$679.91
2023-11-07$436.93+2.70%+4.87%+14.05%+19.05%+21.99%+36.32%
2019-01-18$266.46-1.01%+4.48%+8.94%+11.80%+11.83%+24.33%
2016-11-09$216.38+0.69%+4.68%+6.99%+10.44%+12.82%+19.31%
2014-10-30$199.38+1.89%+3.20%+1.27%+5.99%+5.22%+4.29%
2012-12-11$143.44+1.35%+2.53%+9.27%+14.48%+17.78%+24.60%
2010-08-02$112.76+0.20%-6.61%+5.08%+14.12%+20.81%+14.21%
2009-03-23$82.22-4.17%+2.82%+8.59%+29.47%+34.04%+42.80%
2005-11-09$122.39+0.90%+3.22%+3.47%+5.60%+3.77%+12.90%
2004-09-02$112.58+0.43%+1.12%+6.00%+9.02%+6.72%+8.80%
2001-04-18$124.00-0.67%+4.15%-2.41%-11.72%-8.69%-11.77%
1996-08-02$66.59-0.35%-1.26%+6.37%+17.71%+22.30%+42.57%
1993-05-20$45.16+0.62%-1.26%+1.40%+3.03%+4.45%+0.89%

Forward returns are computed from SPY closing prices. Cells showing “—” indicate the horizon has not yet elapsed for that trigger.