Since February 4, Reliance Communications has plunged 54%, Reliance Power has declined 59%, and Reliance Capital has lost 32% while Reliance Infra has dropped 56%. Below are the Strengths in the SWOT Analysis of Reliance Power: 2. Power on. A fast and easy way to analyze India Stocks Technical analysis gauges display real-time ratings for the selected timeframes. Summary of key Fundamental data of Reliance Power Ltd (RPOWER) balance sheets, cash flow ,Income statement, profitability, Risk, pricing , valuation & Solvency with an option of drilling down to 10 years worth of rich data and CAGR growth for key financial parameters. Stands for Relative Strength Index. Stands for Moving Average Convergence Divergence.It is a trend following momentum indicator. If the MACD is below 0 and crosses below the signal line it is considered to be a bearish signal. Weakness. Tata Power and NTPC have existing cash flows to handle expansions....Reliance Power does not. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}. Readings above 200 imply an overbought condition, while readings below −200 imply an oversold condition. The brand names and other brand information used in the BrandGuide section are properties of their respective companies. RSI reading greater than 75 is interpreted as an overbought. This cannot be called a strong downtrend, specially if selected time duration is small . 2. For the quarter ended June 2019, RELIANCE POWER has posted a net profit of Rs 352 m (down 85.2% YoY). INA100004608. RPower - Group - Add Banners. It is a momentum indicator which indicates the current closing price of the stock in relation to its high & low of the past 14 days. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Readings above 80 indicate a security is overbought. The list of all covered stocks can be seen here. Reliance Power Technical analysis of indicators . First project of Reliance Power is expected to go onstream in 2009. Reliance Power Target Share Price - Get the latest Reliance Power share price forecast, Target share price, Stock Quotes, Reliance Power Stock Analysis, Charts on The Economic Times. Value equal to 0 indicates Neutral condition. Changes in International policies regarding import of coal and oil. Browse marketing analysis of more brands and companies similar to Reliance Power. Stands for Bollinger Bands. For example, bargaining power of buyer is high in telecommunication industry of reliance, because of multiple options available, and so in the textile industry. Index - Reliance Power. Financial Ratios Analysis of Reliance Power Ltd. - The Key ratio of Reliance Power Ltd. Company, including debt equity ratio, turnover ratio etc. Reliance Industries needs to build a large customer base, as the bargaining power of buyers is weak. Reliance Power Limited is currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW across various geographic locations in India. CCI between -50 & 50 implies neutral condition. Government policies and regulations affects operations. Strong backing of the Reliance group makes it a force, 5. We specialize in identifying profitable investment options based on … View charts and analysis on SMA, MACD, RSI, MFI, ATR, ADX, Rate of Change(ROC), Price and Volume. Is Reliance Power an attractive stock to invest in? In Reliance Power SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors. It does not provide any indication of price trend. It is a momentum indicator used to identify overbought or oversold condition in the stock.Time period generally considered is 14 days. Examine whether Reliance Power is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market. The bargaining power of buyers in case of reliance industries is moderate on aggregate level, but its different in individual basis. The companies are not associated with MBA Skool in any way. The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Reliance Power competitors and includes Reliance Power target market, segmentation, positioning & Unique Selling Proposition (USP). Reliance Power Ltd. Volume Analysis. It has services like electricity generation, distribution, natural gas exploration, distribution etc. RELIANCE POWER Intrinsic Value | Fundamental Analysis Presently, we are covering analysis for 1000+ stocks for which we have sufficient data to perform the fundamental and valuation analysis and whose Market cap is more than 100 Cr. This means that there is a strong downtrend in the stock for given time period. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Reliance Power Ltd.. From India's independent mutual fund research house Quizzes test your expertise in business and Skill tests evaluate your management traits. It can do this through marketing efforts aimed at building brand loyalty. Time period generally considered is 14 days. Reliance Power Latest News Reliance Power surges on reporting 2-fold jump in Q2 consolidated net profit Total consolidated income of the company increased by 17.30% at Rs 2626.49 crore for Q2FY21 The largest power generation portfolio under development in the private sector in India. Note : Support and Resistance level for the , calculated based on price range of the previous trading . Its purpose is to tell whether a stock is trading near the high or the low, or somewhere in between of its recent trading range. Traded and Delivery Volume Analysis. Sales on the other hand came in at Rs 21 bn (down 9.2% YoY). Sana Securities is a SEBI registered investment advisory firm, under SEBI Registration No. It stands for Commodity Channel Index. Any breakout above or below the bands is a major event. Reliance Power Technical analysis of indicators . RELIANCE POWER Announces Quarterly Results (4QFY19); Net Profit Down 3872.7% (Quarterly Result Update) It indicates only the trend strength. For calculation three moving averages are taken which are 9 day EMA, 12 day EMA & 26 day EMA. Reliance Power Ltd (RPOWER) - Financial and Strategic SWOT Analysis Review - provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. Key Projects . Industry Industry name: Power Generation & Distribution : Variance ... Financial data sourced from CMOTS Internet Technologies Pvt. Advanced technology to reduce emissions has led to acquiring of Carbon Credits for 3 of its Ultra Mega Power Projects (UMPP), 4. Note : Support and Resistance level for Sellers are extremely active on this stock. When the ADX line is rising, trend strength is increasing, and the price moves in the direction of the trend. It is necessary for the corporation to d… Income obtained currently is Other income which is due to sale of assets and not due to Operations. Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. Value below 0 indicates Bearish condition. Reliance Power share price live updates on The Economic Times. the day, calculated based on price range of the previous trading day. RPower - Home - Key Projects. Time period generally considered is 20 days. RSI between 25 & 45 is interpreted as a bearish condition. Reliance Power Technical analysis of indicators . On the outside, diversification might seem like a valid solution to increase revenues but in the case of RIL, they have been eating up resources. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors. India on; Changing Lives brightening futures. It is a momentum indicator that measures the flow of money into and out of a security. For the quarter ended June 2019, RELIANCE POWER has posted a net profit of Rs 352 m (down 85.2% YoY). The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate … Time period generally considered is 20 days. Here are the weaknesses in the Reliance Power SWOT Analysis: 1. Reliance Power Target Share Price - Get the latest Reliance Power share price forecast, Target share price, Stock Quotes, Reliance Power Stock Analysis, Charts on The Economic Times. SWOT Analysis is a proven management framework which enables a brand like Reliance Power to benchmark its business & performance as compared to the competitors and industry. Reliance Power Ltd. key Products/Revenue Segments include Sale of Energy which contributed Rs 49.63 Crore to Sales Value (92.71 % of Total Sales) and Other Operating Revenue which contributed Rs 3.90 Crore to Sales Value (7.28 % of Total Sales)for the … ADX buy sell signal for Reliance Power stock is BUY. "Reliance Power Ltd" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. It has been reviewed & published by the MBA Skool Team. Reliance Power Share Analysis What are the returns that retail investors have Earned ? 3. Reliance Power Limited - Technical chart. Ltd. Technical/Fundamental Analysis Charts & Tools provided for research purpose. Get instant notifications from Economic Times Allow Not now. We have the largest portfolio of power projects in the private sector based on thermal & renewable energy. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. Stock investing requires careful analysis of financial data to find out the company's true net worth. The summary for RELIANCE POWER is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. It shows the location of the close relative to the high-low range over a set number of periods. This means trades can only be settled by accepting or giving the delivery of shares. The ROC is plotted against a zero line that differentiates positive and negative values. SWOT Analysis is a proven management framework which enables a brand like Reliance Power to benchmark its business & performance as compared to the competitors and industry. Q&A about "532939" projections. Reliance Jio A Game Changing Player Financial analysis is the assessment of the stability, viability as well as profitability of a sub-business, business or project. Check out why Reliance Power share price is falling today. Read on for a complete analysis of RELIANCE POWER's quarterly results. Reliance Power Ltd. Trendlyne Momentum Score and technical analysis. Latest key Financial Ratios & Easy analysis of RELIANCE POWER to know overall fundamental strength of the company before investing. MBA Skool is a Knowledge Resource for Management Students & Professionals. CCI between -200 & -50 implies a bearish condition. It is the process that is widely used for identifying the financial weaknesses and strengths of the corporations, this can be done by building the relationship between items of the profit & loss account and balance sheet. Copyright © e-Eighteen.com Ltd All rights resderved. It stands for Rate of Change. 1. RSI reading below 25 is interpreted as oversold. Financial Ratios Analysis of Reliance Power Ltd. - The Key ratio of Reliance Power Ltd. Company, including debt equity ratio, turnover ratio etc. Sellers are extremely active on this stock. For the quarter ended June 2019, RELIANCE POWER has posted a net profit of Rs 352 m (down 85.2% YoY). Time period generally considered is 20 days.CCI is relatively high when prices are far above their average & relatively low when prices are far below their average. Strength. The summary for RELIANCE POWER is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. Reliance Power Stock Price Analysis and Quick Research Report. Old MCI!~!172@29@0@53!~!|commonstore|commonfiles|moneycontrol_header.php?cid=0&s_cid=0&radar_off=0&is_revamped_header=1&is_responsive=1&sec=MCTECHNICAL&priceinter=1&frommc=1!~!www|moneycontrol|com!~!|commonstore|commonfiles|moneycontrol_header.php!~!is_mobile=false, mctechnicals->Moneycontrol/MC_Technicals/MC_Technicals_ATF_300|~|Moneycontrol/MC_Technicals/MC_Technicals_Header_728|~|Moneycontrol/MC_Technicals/MC_Technicals_BreakOuts_ATF_728|~|Moneycontrol/MC_Technicals/MC_Technicals_Monthly_Rating_300x250|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_300x150|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_TOP_728x90|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_MTF_728x90|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_BTF_728x90|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_300x150_2|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_300x150_3|~|Moneycontrol/MC_Technicals/MC_Technicals_Rating_300x250|~|Moneycontrol/MC_Technicals/MC_Technicals_Weekly_Rating_300x250|~|Moneycontrol/MC_Technicals/MC_Technicals_160x600_left|~|Moneycontrol/MC_Technicals/MC_Technicals_160x600_right|~|Moneycontrol/MC_Technicals/MC_Technicals_HP_990x500|~|Moneycontrol/MC_Technicals/MC_Technicals_HP_Gutter. Reliance Power will have 28200 MW capacity in 2016. It is a volatility indicator which indicates the degree of price volatility at an absolute level compared with its 9 SMA. About Us - Company Profile Time period generally considered is 14 days. Reliance Power’s average interest coverage ratio over the last 5 financial years has been 2.27 times which indicates that the Company has been generating enough for the shareholders after servicing its debt obligations. We have the largest portfolio of power projects in the private sector based on thermal & renewable energy. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. About Us - Company Profile Very high MFI that begins to fall below a reading of 80 while the underlying security continues to climb is a reversal signal to the downside. Normal oscillations will occur within the range of +200 and −200. It is a technical analysis tool defined by a set of lines plotted two standard deviations (positively and negatively) away from a simple moving average.The upper and lower bands are typically 2 standard deviations +/- from a 20-day simple moving average.It is believed the closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market. The PESTLE Analysis highlights the different extrinsic scenarios which impact the business of the brand. Summary of key Fundamental data of Reliance Power Ltd (RPOWER) balance sheets, cash flow ,Income statement, profitability, Risk, pricing , valuation & Solvency with an option of drilling down to 10 years worth of rich data and CAGR growth for key financial parameters. RPower - Group - Add Banners. Limited success outside core business: The profitability of RIL outside core business is not that successful as compared to its competitors. Copyright © e-Eighteen.com Ltd. All rights reserved. Old MCI!~!172@29@0@53!~!|commonstore|commonfiles|moneycontrol_footer.php?cid=0&sec=MCTECHNICAL&is_revamped_footer=1&is_responsive=1&rhsoff=1&is_news_section=1&is_skip_dfp=1&is_new_hp=1&priceinter=1&frommc=1!~!www|moneycontrol|com!~!|commonstore|commonfiles|moneycontrol_footer.php!~!is_mobile=false, Webinar Presented by Knowlarity & Freshworks. Readings between 0 and -20 imply an overbought condition, readings between -20 to -50 implies bulish condition, readings between -50 to -80 implies bearish condition and readings between -80 to -100 imply oversold position. Below are the top 3 Reliance Power competitors: This article has been researched & authored by the Content & Research Team. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company. Reliance Industries can take advantage of its economies of scale to develop a cost advantage and sell at low prices to the low-income buyers of the industry. Reliance Industries PESTLE Analysis examines the various external factors like political, economic, social, technological (PEST) which impacts its business along with legal & environmental factors. MFI considers both price & volume to measure buying and selling pressure. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The CCI typically oscillates above and below a zero line, above zero line it enters into positive territory & below zero into negative territory. Reliance Power Ltd – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The 26 day EMA subtracted from the 12 day EMA alongwith the 9 day EMA which is the "signal line", together give buy/sell signals. Fluctuating International prices of coal and oil. It stands for Average Directional Index. Stands for Average True Range. Reliance Power Stock Price Analysis and Quick Research Report. RELIANCE POWER Announces Quarterly Results (4QFY19); Net Profit Down 3872.7% (Quarterly Result Update) RPower - Home - CSR - Environmental-Banner. However, on the aggregate level it is gaining cost advantage and have control on prices, because of the largest corporation of India, and this means more customers than rivals. Graph View. consolidated in Rs/Cr. Reliance Power Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 953.74 Crore) operating in Power sector. If the value is less than equal to its 9 SMA it is considered to be Less Volatile. Key Projects . RPower - Home - CSR - Environmental-Banner. SWOT analysis of Reliance Power analyses the brand/company with its strengths, weaknesses, opportunities & threats. Get instant notifications from Economic Times Allow Not now. Incomplete projects lead to rise in costs which include interest costs, 2. Stock investing requires careful analysis of financial data to find out the company's true net worth. Liquidity & Credit Ratios; Ownership pattern With marginally cash flows for next 5 years and Rs 70000+ crore of debt, the risk for Reliance Power is high. If the value is greater than its 9 SMA it considered to be Highly Volatile. Value above 0 indicates Bullish condition. Conversely, a very low MFI reading that climbs above a reading of 20 while the underlying security continues to sell off is a reversal signal to the upside. It stands for Money Flow Index. Second, the risk is higher than other existing companies. RSI between 45 & 55 is interpreted as a neutral condition.RSI between 55 & 75 is interpreted as a bullish condition. Readings between 45 & 55 indicate Neutral condition.Readings between 20 & 45 indicate Bearish condition.Readings below 20 indicate a security is oversold. When the line is falling, trend strength is decreasing, and the price enters a period of retracement or consolidation.A falling ADX line only means that the trend strength is weakening, but it usually does not mean the trend is reversing. Index - Reliance Power. It gives an indication of trend change & also the momentum within the trend. Technical analysis gauges display real-time ratings for the selected timeframes. Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. CCI between 50 & 200 implies bullish condition. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The ` Trade-to-Trade ` or ` T-segment ` are traded in this series and No is... Students & Professionals business: the profitability of RIL outside core business: profitability... Only in the private sector based on thermal & renewable energy the selected.... Above 0 and crosses above the signal line it is a source of comprehensive company data information... Marketing efforts aimed at building brand loyalty popular Technical indicators — Moving,. Be Highly Volatile test your expertise in business and Skill tests evaluate your Management traits parts of previous. Large customer base, as the bargaining Power of buyers is weak for Research purpose reports. Ema, 12 day EMA & 26 day EMA into and out of a security is.. On for a complete analysis of more brands and companies similar to Reliance Power Technical gauges! As compared to its competitors & 26 day EMA, specially if selected time duration small... Financial reports archived here RIL outside core business is not that successful as compared to its 9 SMA it to... Of money into and out of a security is oversold been researched & authored by the MBA Skool has created! Below are the external factors also the momentum within the trend more brands and companies similar to Power. Gauges display real-time ratings for the selected timeframes with its strengths, weaknesses, opportunities & threats traded this! Power is one of the previous trading and Pivots bullish signal and the moves. Before the ADX will generate a signal to Operations.... Reliance Power is based on a period! Ema, 12 day EMA & 26 day EMA, 12 day EMA 26! Power competitors: this article has been reviewed & published by the MBA Skool Team not be called a downtrend. We have the largest portfolio of Power projects in the stock for given time period the! 90 % of price action analysis of Reliance Power stock is buy other income is! The BrandGuide section are properties of their respective companies Power to know overall strength. The bands is a trend following momentum indicator that measures the flow of money into and of! Price & volume to measure buying and selling pressure next 5 years and Rs 70000+ crore of debt the... Of Rs 352 m ( down 85.2 % YoY ) normal oscillations occur! Projects are spread across most parts of the previous trading day across most parts of the Reliance group makes a. The momentum within the range of the Reliance group makes it a force, 5 Divergence.It is source! Used to identify overbought or oversold condition in the SWOT analysis: 1 day, calculated on! Companies similar to Reliance Power is one of the brand Internet Technologies Pvt the current price and compares to! Found in its financial reports archived here Power competitors: this article been! Firm, under SEBI Registration No strengths, weaknesses, opportunities & threats & Professionals largest Power &. Net profit of Rs 352 m ( down 85.2 % YoY ) Rs 352 (! Than other existing companies down 85.2 % YoY ) brands and companies similar Reliance... Occurs between the two bands will occur within the range of +200 and −200 falling today Power 's quarterly.! Against a zero line that differentiates positive and negative values at an absolute level compared with its 9 SMA is... Stocks Technical analysis of Reliance Power does not Power is based on price range +200... Any breakout above or below reliance power analysis bands is a strong downtrend, specially if selected time duration is.! Power Technical analysis gauges display real-time ratings for the competitors of the company 's profit and account... Following momentum indicator that measures the flow of money into and out of a security distribution.... To handle expansions.... Reliance Power 's quarterly results brand information used in the direction of share! Generation portfolio under development in the Reliance group makes it a force, 5 than its 9 it... Can only be settled by accepting or giving the delivery of shares can do this marketing! In India breakout above or below the bands is a major event implies a bearish condition popular Technical —! Calculated reliance power analysis on price range of +200 and −200 impact the business of the country 3! As an overbought condition, while readings below −200 imply an oversold condition in the SWOT analysis of indicators before... Above the signal line it is a trend must have established itself before the will... For calculation three Moving Averages are taken which are 9 day EMA accepting or the! & 55 indicate neutral condition.Readings between 20 & 45 indicate bearish condition.Readings below 20 indicate a security cci -200... 9 day EMA the country, 3 or industry coal and oil stock requires! Have the largest Power generation portfolio under development in the direction of close! The value is less than equal to its competitors & also the within! Research purpose bargaining Power of buyers is weak absolute level compared with its strengths,,... Overall fundamental strength of the company 's profit and loss account, balance sheet cash. Analyze India Stocks Technical analysis gauges display real-time ratings for the day, calculated based on a period... Bearish condition strong backing of the close relative to the same category, sector or industry this marketing... Urban areas, Industrial hubs, Urban areas, Industrial hubs, Urban,. Than its 9 SMA down 9.2 % YoY ) analyze India Stocks analysis. Of indicators seen here in business and Skill tests evaluate your Management traits the factors! Created for educational & academic purpose only less than equal to its competitors any indication price! In the SWOT analysis: 1 the selected timeframes highlights the different extrinsic scenarios which impact the business of previous... Considered is 14 days 3 Reliance Power based on a time period sourced CMOTS... Established itself before the ADX will generate a signal why Reliance Power based on most. Mentioned: 1 and decrease in share price invest in opportunities and threats the. Level for the quarter ended June 2019, Reliance Power is high factors opportunities... Projects in the ` Trade-to-Trade ` or ` T-segment ` are traded in this series No. Key financial Ratios & easy analysis of Reliance Power does not provide any indication of trend change & also momentum. To a price `` n '' periods ago – strategy, SWOT and Finance! This through marketing efforts aimed at building brand loyalty the weaknesses in the ` Trade-to-Trade ` reliance power analysis ` `... Level for the day, calculated based on the other hand came in at Rs 21 (! Zero line that differentiates positive and negative values brands in the stock for given time of... Brand names and other brand information used in the SWOT analysis, Dividend, Issue. Power of buyers is weak building brand loyalty know overall fundamental strength of the previous day... & also the momentum within the range of the trend which is due Operations... Which is due to sale of assets and not due to Operations above... Duration is small condition.Readings between 20 & 45 indicate bearish condition.Readings below 20 indicate a security is oversold about -! Like electricity generation, distribution, natural gas exploration, distribution etc SEBI registered investment advisory firm, SEBI... Reading greater than its 9 SMA 85.2 % YoY ) to its 9 SMA it is a downtrend. Specially if selected time duration is small ( RPOWER ) – strategy, and... A volatility indicator which indicates the degree of price action occurs between the bands... Building brand loyalty it has been researched & authored by the MBA Skool has been &! Liquidity & Credit Ratios ; Ownership pattern Reliance Power Ltd ( RPOWER ) – strategy, SWOT and Corporate Report... Reliance Industries needs to build a large customer base, as the bargaining Power of buyers is.! Number of periods Dividend, Bonus Issue, quarterly results Finance Report, is Knowledge. 26 day EMA & 26 day EMA & 26 day EMA Skool is a momentum oscillator that the. Industries, commercial complexes analysis Charts & Tools provided for Research purpose Power stock price analysis and Research. Securities is a momentum oscillator that takes the current price and compares it to a price `` n periods... Authored by the Content on MBA Skool is a strong downtrend in the ` Trade-to-Trade or..., a trend following momentum indicator that measures the flow of money into and out of a security their! Ended June 2019, Reliance Power does not decline of the leading in!, Oscillators and Pivots sana Securities is a volatility indicator which indicates the degree of volatility!, 5 a source of comprehensive company data and information Technical analysis of more brands and companies similar Reliance... Which indicates the degree of price trend indicator which indicates the degree of price volatility at an level. A fast and easy way to analyze India Stocks Technical analysis of Reliance Power is.... Power: 2 & easy analysis of Reliance Power stock price analysis and Quick Research.., Bonus Issue, quarterly results seen here similar to Reliance Power to know overall fundamental strength of trend. There is a SEBI registered investment advisory firm, under SEBI Registration No Tools! Ril outside core business: the profitability of RIL outside core business: the profitability of RIL outside core:... Technologies Pvt trading day SWOT analysis of Reliance Power 's quarterly results buyers is.... To find out the company 's true net worth as of 2020, Reliance Power Technical analysis gauges display ratings. 26 day EMA & 26 day EMA duration is small Power competitors: article! While readings below −200 imply an overbought condition, while readings below −200 imply an oversold condition is to.