Advance RSI interpretation

1) When Price is flat, RSI is going down = Price will go down if RSI is in middle of (0-100) range and go up if RSI is down.

2) When Price is going up and RSI is flat = Price will be range bound if RSI is in the upper band, Price will consolidate or go up if RSI is in the middle range, Price will go up if RSI is in the low range.

3) If Price is flat and RSI going up = Price will go down if RSI is in the upper zone and remain range bound if RSI is in the middle range.

4) If Price is going down and RSI is flat = Price will go down if RSI is in the upper zone, Price will go down or consolidate if RSI is in the middle range, Price will go up if RSI is in the lower band.

5) If price and rsi are going in the opposite direction, trend reversal may be there.

6) If price and rsi are both flat, trend reversal may be there.

7) If both price and rsi are either rising or both are falling, the trend is likely to be strengthened.

During Bull rallies, RSI boundaries should be taken as 80-40, 60-20 during Bear rallies and 70-30 during range-bound times.