​Maruti Suzuki,Canara Bank among 7 stocks flash uptrend signal as RSI moves up​

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 largecap stocks which signal a possible uptrend in the near term. Note, the data is from the previous trading day i.e. August 23 as today’s data would be updated by EoD. (Source: StockEdge)