Kirloskar Oil Engines among 5 stocks with RSI trending up
By Ritesh Presswala, ETMarkets.com |
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RSI trending up
On September 29, five Nifty500 stocks that gained over 6% 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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Kirloskar Oil Engines
RSI: 65.34 | Prev. RSI 49.06 | CMP: Rs 2402
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Cupid
RSI: 58.73 | Prev. RSI 46.91 | CMP: Rs 288
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TD Power Systems
RSI: 56.28 | Prev. RSI 48.06 | CMP: Rs 777.35
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Vedanta Power
RSI: 53.42 | Prev. RSI 41.16 | CMP: Rs 34.25
