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    HUL, Tata Elxsi among 11 stocks flashing 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 largecap and midcap stocks that signal a possible uptrend in the near term. Note the data is of the previous trading day i.e. August 24 as today’s data would be updated EoD. (Source: StockEdge)


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    iStock
    ​​Tata Elxsi​
    2/12

    ​​Tata Elxsi​

    RSI as on August 24: 56.45| Last closing price: Rs 7278.65

    ETMarkets.com
    ​​Marico​
    3/12

    ​​Marico​

    ​RSI as on August 24: 53.86| Last closing price: Rs 563.5

    ETMarkets.com
    Atul
    4/12

    Atul

    ​RSI as on August 24: 53.59| Last closing price: Rs 6892.2

    ETMarkets.com
    ​​Tata Chemicals
    5/12

    ​​Tata Chemicals

    ​RSI as on August 24: 53.58| Last closing price: Rs 1015.65

    ETMarkets.com
    ​​Fortis Healthcare
    6/12

    ​​Fortis Healthcare

    ​RSI as on August 24: 53.39| Last closing price: Rs 328.15

    ETMarkets.com
    Godrej Consumer Products
    7/12

    Godrej Consumer Products

    ​RSI as on August 24: 53.32| Last closing price: Rs 1041.8

    ETMarkets.com
    Vodafone Idea
    8/12

    Vodafone Idea

    ​RSI as on August 24: 52.2| Last closing price: Rs 7.95

    ETMarkets.com
    ​​Endurance Technologies
    9/12

    ​​Endurance Technologies

    ​RSI as on August 24: 51.44| Last closing price: Rs 1653.7

    ETMarkets.com
    Kansai Nerolac Paints​
    10/12

    Kansai Nerolac Paints​


    ​RSI as on August 24: 51.19| Last closing price: Rs 323.95
    ​

    ETMarkets.com
    UltraTech Cement
    11/12

    UltraTech Cement


    RSI as on August 24: 50.85| Last closing price: Rs 8211.4

    ETMarkets.com
    ​​Hindustan Unilever
    12/12

    ​​Hindustan Unilever

    RSI as on August 24: 50.63| Last closing price: Rs 2581.25

    ETMarkets.com
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    Tata Elxsi
    ​HUL
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    vodafone idea
    bullish trend
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