Urban Company among 6 stocks showing RSI trending up
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Trend watch
On October 6, six Nifty500 stocks that gained over 6% appeared 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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Trent
RSI: 61.04 | Prev. RSI: 24.71 | CMP: Rs 2,906
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Urban Company
RSI: 58.76 | Prev. RSI: 46.08 | CMP: Rs 173.54
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Clean Max Enviro Energy Solutions
RSI: 55.82 | Prev. RSI: 46.09 | CMP: Rs 1,392.5
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Honasa Consumer
RSI: 55.25 | Prev. RSI: 41.29 | CMP: Rs 478.3
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Welspun Corp
RSI: 54.45 | Prev. RSI: 48.09 | CMP: Rs 2,660.9
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Deepak Fertilisers And Petrochemicals Corporation
RSI: 52.24 | Prev. RSI: 38.9 | CMP: Rs 1,385.6