Over a dozen stocks are trading with momentum indicator RSI trending up. ETMarkets has picked five stocks in this pack to give insights about their movement trends on November 13. 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 takes into consideration the time period of 14 days to compute RSI. Furthermore, RSI also enables an understanding of the stock’s overvalued or oversold state. (Source: StockEdge)
iStock
2/6
Bank Of Maharashtra
RSI as on November 13: 60.18 | Previous RSI: 48.45 | Last closing price: Rs 46.1
Agencies
3/6
Central Bank Of India
RSI as on November 13: 58.07 | Previous RSI: 47.47 | Last closing price: Rs 46.85
ETMarkets.com
4/6
IDBI Bank
RSI as on November 13: 51.56 | Previous RSI: 47.98 | Last closing price: Rs 140.35
Agencies
5/6
Manappuram Finance
RSI as on November 13: 50.56 | Previous RSI: 48.03 | Last closing price: Rs 438.45
ETMarkets.com
6/6
TeamLease Services
RSI as on November 13: 50.39 | Previous RSI: 49.35 | Last closing price: Rs 2488.05
