Thursday, 4 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
Phoenix Mills Ltd NLC India Ltd
Spicejet Ltd IDBI Bank Ltd
Interglobe Avation Ltd
Larsen & Toubro Ltd
DB Realty Ltd

 

RSI Overbought RSI Bearish

 

RSI Trending Down RSI Oversold
Sheela Foam Ltd Central Bank Of India
Zensar Technologies Ltd KPIT Technologies Ltd
NTPC Ltd Force Motors Ltd
Siemens Ltd Navkar Corporation Ltd
Divis Laboratories Ltd Godrej Industries Ltd


source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-46/

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