Wednesday, 3 October 2018

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
GE T&D India Ltd Den Networks Ltd
MOIL Ltd India Oil Corporation Ltd
NLC India Ltd Siemens Ltd
Solar Industries (India) Ltd Linde India Ltd
Aarti Industries Ltd NMDC Ltd

 

RSI Overbought RSI Bearish
Tata Consultancy Services Ltd

 

RSI Trending Down RSI Oversold
Alembic Pharmaceuticals Ltd Central Bank Of India
Mcleod Russel India Ltd Supreme Industries Ltd
Page Industries Ltd Force Motors Ltd
ACC Ltd Navkar Corporation Ltd
Carborundum Universal Ltd Greenply Industries Ltd


source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-45/

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