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Stocks Screener - Overbought Relative Strength Index (RSI)

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Weekly RSI:> 80
Number of records: 52
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- 4/5/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AIG 77.71-0.59%56.7381.35 11 120 5 Add to Watch List
ALL 172.82-0.11%82.4577.50 11 120 3 Add to Watch List
AMP 434.81-0.83%59.3683.23 11 71 4 04/05/24	Bullish  Harami
04/04/24	Bearish  Long Red Real Body
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BRK.B 418.62-0.45%68.1073.66 11 89 1 04/05/24	Bullish  Harami
04/04/24	Bearish  Long Red Real Body
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BSX 68.560.10%61.5483.26 4 61 2 Add to Watch List
CAT 379.303.51%79.7785.81 9 121 1 04/04/24	Bearish  Dark Cloud Cover
04/03/24	Bullish  Long White Real Body
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CMG 2905.42-0.05%53.6881.64 7 29 1 04/03/24	Bullish  Doji
04/01/24	Bearish  Three Black Crows
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CMI 300.672.04%81.7284.33 9 104 1 Uptrend ExhaustionAdd to Watch List
DBA 25.081.29%82.4087.43 3 Uptrend ExhaustionAdd to Watch List
ECL 227.75-1.36%38.0482.10 10 68 3 Uptrend Broken Support04/05/24	Bullish  Harami
04/04/24	Bearish  Long Red Real Body
04/02/24	Bullish  Doji
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Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.
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