Suzlon Energy, BLS International among 10 stocks with RSI trending up

Investors navigating the stock market are often on the lookout for tools and indicators that can provide insights into the future direction of stock prices. One such tool is the Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements. On September 14, Thursday, StockEdge identified 30 stocks with a rising RSI, suggesting upward momentum. In this article, we'll explore 10 of these stocks and explain why monitoring RSI trends is crucial for investors.

The RSI is a widely used technical indicator that falls within the range of 0 to 100. It calculates the magnitude of recent price changes to evaluate whether a stock is overbought or oversold. Here's why RSI is important:

10 Stocks with Upward-Trending RSI


1) BLS International Services Ltd. (NSE: BLS) - RSI: 58.54, Prev. RSI: 47.63

2) The New India Assurance Company Ltd. (NSE: NIACL) - RSI: 58.54, Prev. RSI: 49.13

3) Zensar Technologies Ltd. (NSE: ZENSARTECH) - RSI: 56.26, Prev. RSI: 47.87

4) Nesco Ltd. (NSE: NESCO) - RSI: 56.2, Prev. RSI: 44.14

5) VIP Industries Ltd. (NSE: VIPIND) - RSI: 56.15, Prev. RSI: 47.91

6) Suzlon Energy Ltd. (NSE: SUZLON) - RSI: 56.11, Prev. RSI: 49.85

7) AU Small Finance Bank Ltd. (NSE: AUBANK) - RSI: 55.89, Prev. RSI: 48.1

8) KPIT Technologies Ltd. (NSE: KPITTECH) - RSI: 55.84, Prev. RSI: 47.16

9) Asahi India Glass Ltd. (NSE: ASAHIINDIA) - RSI: 55.7, Prev. RSI: 49.8

10) General Insurance Corporation of India (NSE: GICRE) - RSI: 54.95, Prev. RSI: 48.14

Data pertaining to stocks with rising RSI on September 15, Friday, will be updated later.

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)