Ather Energy among 5 stocks showing RSI trending up
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Trend watch
On October 26, five Nifty500 stocks that gained over 5% appeared in the RSI Trending Up scan, according to StockEdge data. The signal occurs when a stock’s Relative Strength Index (RSI) crosses above 50 from below. An upward-trending RSI indicates strengthening momentum in the stock’s price. The RSI is a technical indicator traders use to assess price momentum and trend strength.
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Ather Energy
RSI: 59.71 | Previous RSI: 37.46 | CMP: Rs 1,575
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Mangalore Refinery And Petrochemicals
RSI: 57.85 | Previous RSI: 41.24 | CMP: Rs 182.61
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Acutaas Chemicals
RSI: 57.09 | Previous RSI: 45.85 | CMP: Rs 3,348.80
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ITC Hotels
RSI: 56.49 | Previous RSI: 46.55 | CMP: Rs 164.31
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JSW Steel
RSI: 55.05 | Previous RSI: 39.69 | CMP: Rs 1,260