Data through: Sep 15, 2026 · updated Sep 15 · Updates: Daily, after market close
WThe three bars show the last 3 weeks for this indicator, oldest left to newest right. Bar height reflects each reading relative to the other two — the tallest is the highest of the three, the shortest the lowest.
Historical context: Currently in the 24th percentile — near historically low/favorable levels.
What this means right now: The S&P 500 RSI is in neutral territory — neither overbought nor oversold. Markets are balanced and momentum gives no strong directional signal. Watch other indicators for context.
S&P 500 RSI · Daily
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Grey areas = NBER recessions · Scroll to read · zoom and pan in Expand
Monthly values
S&P 500 RSI — the last 12 months
Every month's reading, with the band the heatmap gives it. The chart above shows the same series in full.
Month
Value
Band
Sep 2026
RSI: 44.1 (Neutral)
Within normal range
Aug 2026
RSI: 53.5 (Neutral)
Within normal range
Jul 2026
RSI: 52.8 (Neutral)
Within normal range
Jun 2026
RSI: 56.0 (Neutral)
Within normal range
May 2026
RSI: 73.5 (Overbought)
Severe/critical reading
Apr 2026
RSI: 70.2 (Overbought)
Severe/critical reading
Month-end readings of the same series the chart shows, from sp500_rsi. Values are the current record, not point-in-time: a month that has since been revised shows its revised value.
What is the S&P 500 RSI?
The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of price changes in the S&P 500. It oscillates between 0 and 100 — readings above 70 signal the market is overbought (potentially overextended), while readings below 30 signal oversold conditions (potentially a buying opportunity). The 14-day RSI is the standard setting used by most analysts and institutional investors.
The 200-day moving average (200MA) is the most widely watched long-term trend indicator on Wall Street. When the S&P 500 trades above its 200MA, it is in a long-term uptrend. When it trades below, it signals a potential bear market. Together, RSI and the 200MA give investors both a momentum reading and a trend context — two different lenses on the same market.
How We Color-Code the S&P 500 RSI
Our heatmap colors each indicator based on historically significant thresholds:
ℹLook to other indicators (VIX, yield curve, sentiment) for directional conviction
Frequently Asked Questions
What does it mean when the S&P 500 RSI is above 70?
An RSI above 70 means the market is "overbought" — it has risen faster than its historical average pace. This signals elevated short-term correction risk but does not guarantee a selloff. During strong bull markets, RSI can stay above 70 for weeks.
Is RSI below 30 always a good time to buy?
Historically yes for long-term investors — RSI below 30 on the S&P 500 has been followed by strong 12-month returns in most cases. However, it requires patience as prices can fall further before recovering. RSI 30 is a signal, not a guarantee.
What is the 200-day moving average and why does it matter?
The 200-day moving average is the average closing price of the S&P 500 over the past 200 trading days. It is the most widely watched long-term trend indicator. When the index trades above it, the long-term trend is up. Below it signals a bear market. Many institutional investors use the 200MA as a key buy/sell decision threshold.
Can RSI predict market crashes?
RSI can signal when markets are overextended but cannot predict the timing or severity of crashes. Major crashes (2008, 2020) often saw RSI fall to historic extremes quickly. However, markets can be "overbought" for months before a correction arrives, so RSI alone is not a crash predictor.
How is the 14-day RSI calculated?
RSI = 100 - (100 / (1 + RS)), where RS is the average gain divided by the average loss over the past 14 trading days. A period with mostly up days produces a high RS and a high RSI. A period with mostly down days produces a low RS and a low RSI.
Trending Questions
AI context · refreshed August 30, 2026
What investors are searching about this indicator right now, answered using current news and data.
1What is the current RSI reading for the S&P 500 and what does it mean?
The S&P 500's RSI over the 14-day period is 58.273, which suggests the index is a Buy. With the current reading of 56.33, this remains in neutral territory, neither overbought (above 70) nor oversold (below 30).
2How is the S&P 500 positioned relative to its 200-day moving average?
The S&P 500 200-day moving average is 7627.38, suggesting the index is a Buy. Just over 70% of S&P 500 members finished the week above their 200-day moving average, which is a very strong bullish reading.
3Is market breadth supporting the current S&P 500 rally?
Only 54% of the index constituents remain above the 50-day moving average, down from 70% in mid-August. As more individual stocks fail to hold the 50-day moving average, this means a lack of willing buyers to provide essential price support in stocks that are pulling back.
4What happened to the S&P 500 on Friday, August 28, 2026?
The broad market index lost 0.25% and closed at 7,711.76, while the Nasdaq Composite slid 0.52% to 26,402.42, weighed down by losses in semiconductor stocks such as Nvidia and Intel. Federal Reserve Chairman Kevin Warsh expressed concern Friday about elevated inflation.
5What is the recent technical pattern showing in the S&P 500?
The S&P 500 is moving back into a trading range, with the more frequent closes above and below 7724.50 confirming the range. At Friday's close, the index sat roughly 10% above its 200-day moving average, one of the widest gaps of this entire cycle, and about 3.7% above the 50-day line.