RSI overbought
RSI over 70 in a stock still above its 50-day average. Stretched, and worth knowing either way.
Read this two ways depending on what you are doing with it. If you hold the name, an overbought reading is a warning that the move is extended and a pause is likely. If you trade momentum it is a feature, because strong stocks spend a lot of time overbought and selling every 70 print is how you exit the best trends early. Read the guide: RSI screener guide for NSE stocks →
More reversals:RSI oversold turning upGolden crossDeath crossMACD bullish crossoverMACD bearish crossover
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