These 7 stocks showing RSI Trending Up on February 28
By Ritesh Presswala, ETMarkets.com |
1/8
Gaining Momentum
On February 28, seven stocks from the Nifty500 pack were highlighted in the RSI Trending Up scan, based on data from stockedge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
2/8
Craftsman Automation
RSI: 60.24 | Prev. RSI 46.31 | CMP: Rs 4501.85
3/8
Home First Finance Company India
RSI: 57.99 | Prev. RSI 43.16 | CMP: Rs 1018.65
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4/8
HDFC Bank
RSI: 57.25 | Prev. RSI 49.83 | CMP: Rs 1732.4
5/8
Inox India
RSI: 53.48 | Prev. RSI 48.96 | CMP: Rs 959
6/8
Aptus Value Housing Finance India
RSI: 52.94 | Prev. RSI 46.79 | CMP: Rs 307.55
7/8
Go Digit General Insurance
RSI: 52.93 | Prev. RSI 48.73 | CMP: Rs 304.85