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Do Bounded (Overbought/Oversold) Oscillators show divergence?
Do Bounded (Overbought/Oversold) Oscillators show divergence from price? Examples of Bounded (OB/OS) Oscillators are CCI, Stochastics, Williams %R, and RSI.
I know that Unbounded Oscillators (Momentum Indicators) like MACD and TRIX can show divergence. I am not familiar with OB/OS oscillators showing divergence, in particular, CCI and Stochastics. Please comment if you have seen this.
I am guessing RSI might show divergence, but I never noticed this or paid attention to it because it is not a momentum indicator. RSI is meant to show extremes (OB/OS).