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Finaxion Research · RSI 14: buy oversold (30/70) · single stocks · Recomputed 2026-09-10

Does RSI 14: buy oversold (30/70) work on JBL?

RSI 14: buy oversold (30/70) does not beat buy-and-hold on JBL: -13.0 points a year over 33 years.

Total return
792.0%
Buy and hold
×413
CAGR
6.8%
Sharpe
0.27
Max drawdown
-90.3%
Trades
66
Out of sample
partly
Years
33
1×10×100×492×19941997200020032006200920122015201820212024
StrategyJBL

Findings

  1. RSI 14: buy oversold (30/70) does not beat buy-and-hold on JBL: -13.0 points a year over 33 years.
  2. Against the S&P 500 over the same window: -4.1 points a year.
  3. Total return +792.0% versus ×413 for buy-and-hold, with 66 trades.
  4. The result holds only partly out of sample.
  5. Maximum drawdown -90.3%.
  6. It beats in neither half of the history (split at 2009).
  7. It ranks #88 of 235 markets for this strategy by annual excess over the S&P 500.

Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact 4941ce415f47.

Exactly what was tested

RSI(14) crosses below 30 → entry. RSI(14) crosses above 70 → exit. Next-close execution.

How to read it

The verdict compares the strategy with buying and holding JBL over the same window, with round-trip costs per asset class. “Out of sample” is walk-forward: the rule is fit on one stretch and judged on the next. A result that beats in the full sample but not out of it is overfit. Full methodology in the protocol. How we test.

Open this backtest with its trades   Trades (CSV)

Every strategy on JBL → · Full page for RSI 14: buy oversold (30/70) →

How to cite

Finaxion Research (2026). Does RSI 14: buy oversold (30/70) work on JBL?. Daily backtest 1962-01-01–2026-08-31, artifact 4941ce415f47. https://finaxion.app/en/research/rsi-14-oversold/jbl

Not a recommendation. Past performance does not guarantee future results.