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    ​HCL Tech, YES Bank & 9 other stocks flash uptrend signal as RSI moves up​

    By
    , ETMarkets.com|
    Trend Tracker
    1/12

    Trend Tracker

    ​RSI or the relative strength index computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement. The RSI value ranges between 0 and 100. Herein the StockEdge data considers the time period of 14 days to compute RSI. Furthermore, apart from determining the likely uptrend or uptrend, RSI also enables an understanding of the stock’s overvalued or oversold state. So, here are 11 stocks which signal a possible uptrend in the near term. Note the data is of the previous trading day i.e. August 11 as today’s data would be updated EoD. (Source: StockEdge). Remember, it is a bullish signal if the RSI has crossed above 50 from below.

    iStock
    ​​HCL Technologies
    2/12

    ​​HCL Technologies


    ​RSI as on August 11: 60.07| Previous RSI: 49.14 | Last closing price: Rs 1171.45

    ETMarkets.com
    ​​UCO Bank
    3/12

    ​​UCO Bank


    ​RSI as on August 11: 60.03| Previous RSI: 45.99| Last closing price: Rs 29.05

    ETMarkets.com
    ​​Gujarat Fluorochemicals
    4/12

    ​​Gujarat Fluorochemicals


    ​RSI as on August 11: 58.88| Previous RSI: 40.24 Last closing price: Rs 2916.1

    ETMarkets.com
    ​​Metro Brands
    5/12

    ​​Metro Brands


    ​RSI as on August 11: 57.09| Previous RSI: 47| Last closing price: Rs 1077

    ETMarkets.com
    Punjab and Sind Bank
    6/12

    Punjab and Sind Bank


    ​RSI as on August 11: 54.19| Previous RSI: 46.59| Last closing price: Rs 33.3

    ETMarkets.com
    ​​Indus Towers
    7/12

    ​​Indus Towers


    ​RSI as on August 11: 53.33| Previous RSI: 49.44| Last closing price: Rs 171.55

    ETMarkets.com
    ​​ICICI Lombard General Insurance
    8/12

    ​​ICICI Lombard General Insurance


    ​RSI as on August 11: 52.83| Previous RSI: 49.69| Last closing price: Rs 1370.55

    ETMarkets.com
    ​​Rajesh Exports
    9/12

    ​​Rajesh Exports


    ​RSI as on August 11: 52.06| Previous RSI: 49.33| Last closing price: Rs 526.85

    ETMarkets.com
    ​​Timken India
    10/12

    ​​Timken India


    ​RSI as on August 11: 51.93| Previous RSI: 49.25| Last closing price: Rs 3401.7

    ETMarkets.com
    ​​YES Bank
    11/12

    ​​YES Bank

    ​RSI as on August 11: 51.76| Previous RSI: 48.97| Last closing price: Rs 17.05

    ETMarkets.com
    ​​Navin Fluorine International
    12/12

    ​​Navin Fluorine International


    ​RSI as on August 11: 51.71| Previous RSI: 47|.9 Last closing price: Rs 4470.85

    ETMarkets.com
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