Ircon International, Aegis Logistics among 6 stocks showing RSI trending up
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Momentum Signals
On 30 September, six stocks in the Nifty 500 pack were highlighted in the RSI trending up scan, based on data from StockEdge. An uptrend signal occurs when the RSI value crosses above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, indicating strengthening momentum in the stock's price. The RSI is a technical indicator commonly used by traders to assess price momentum and trend strength.
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Ircon International
RSI: 55.7 | Prev. RSI: 19.9 | CMP: Rs 117.09
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Aegis Logistics
RSI: 53.77 | Prev. RSI: 45.91 | CMP: Rs 1380.1
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HFCL
RSI: 53.24 | Prev. RSI: 46.97 | CMP: Rs 227.02
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Rites
RSI: 51.12 | Prev. RSI: 22.19 | CMP: Rs 209.05
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City Union Bank
RSI: 50.87 | Prev. RSI: 40.52 | CMP: Rs 226.05
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JK Cement
RSI: 50.35 | Prev. RSI: 37.35 | CMP: Rs 5076