TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

RSI Bullish	RSI Trending up
Thomas Cook (India) Ltd	Atul Ltd
Future Consumer Ltd	DCB Bank Ltd
Eveready Industries (India) Ltd	PVR Ltd
Navkar Laboratories Ltd	Rain Industries Ltd
Maruti Suzuki India Ltd	Bharat Heavy Electricals Ltd

 

RSI Overbought	RSI Bearish
NLC India Ltd	–
–	–
–	–
–	–
–	–

 

RSI Trending Down	RSI Oversold
Gateway Distriparks Ltd	Central Bank Of India
Aurobindo Pharma Ltd	Bombay Dyeing & Manufacturing Company Ltd
–	8K Miles Software Services Ltd
–	Blue Dart Express Ltd
–	Finolex Industries Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-52/