What stocks are under RSI under 30?

Weekly rsi below 30

Sr. Stock Name Price
1 Future Retail Limited 8.05
2 Future Consumer Limited 2.3
3 Sri Adhikari Brothers Television Network Limited 1.25
4 Future Enterprises Limited 2.9

Which stock is below 30 RSI in nifty50?

RSI BELOW 30 (NIFTY 50)

Sr. Stock Name Links
1 Shree Cements Limited P&F | F.A

What is a good RSI level to buy?

Investors using RSI generally stick to a couple of simple rules. First, low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.

Should I sell if RSI is above 70?

The indicator value moves between 0 and 100. Theory suggests: that a stock is overbought when RSI is over 70 and oversold when the RSI value is below 30. Hence one must sell the stock if RSI crosses over 70 as it shows that the buyers are overwhelming the stock price and a correction is inevitable.

Is RSI under 30 good?

Traditional interpretations and usage of the RSI dictate that values of 70 or above suggest that a security becomes overbought or overvalued and may be primed for a trend reversal or corrective price pullback. An RSI reading of 30 or below indicates an oversold or undervalued condition.

What RSI 30?

An RSI reading of 30 or below indicates an oversold or undervalued condition. During trends, the RSI readings may fall into a band or range. During an uptrend, the RSI tends to stay above 30 and should frequently hit 70.

What is RSI of Nifty50?

NIFTY (NIFTY) RSI indicator value as on 25/05/2022 is 40.35.

What is RSI of Reliance?

Reliance Industries Limited (RELIANCE) RSI indicator value as on 27/05/2022 is 49.61.

What does an RSI of 40 mean?

Relative Strength Index (RSI) The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.

What happens when RSI goes below 30?

The RSI is a technical analysis momentum indicator which displays a number from zero to 100. Any level below 30 is oversold, while an RSI of over 70 suggests the shares are overbought. Thus, if IBM has an RSI of 25, you can assume that the shares are very likely to rise from current levels.