Recovery Picks

8 stocks matched · Updated daily after market close

Recovery Picks identifies NGX stocks that have been heavily sold down but are beginning to show early signs of a momentum reversal. Three conditions are required: (1) Close within 10% of the 52-week low — deeply beaten down; (2) RSI below 35 — oversold territory, potential bottom forming; (3) MACD above its signal line — early bullish momentum shift despite low prices. This is a contrarian, high-risk screen — always validate with fundamental analysis before acting.

Recovery Picks — 8 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	52w Low	RSI	MACD
TOTALENERGIES MARKETING NIGERIA PLC TOTAL	OIL AND GAS	₦518.4000	+0.0000%	12,554	—	₦518.4000	0.0930	-21.4604
TRANSCORP POWER PLC TRANSPOWER	UTILITIES	₦178.0000	+0.0000%	60,403	—	₦178.0000	0.1549	-9.5832
CHELLARAMS PLC. CHELLARAM	CONGLOMERATES	₦9.7000	+0.0000%	2,449	—	₦9.7000	0.5079	-0.1616
JULI PLC. JULI	SERVICES	₦6.5500	+0.0000%	460	—	₦6.5500	0.6347	-0.0913
GEREGU POWER PLC GEREGU	UTILITIES	₦825.7000	+0.0000%	1,203	—	₦825.7000	3.9320	-1.3538
ACADEMY PRESS PLC. ACADEMY	SERVICES	₦5.1000	+0.0000%	102,703	—	₦5.2000	5.8417	-0.1598
INDUSTRIAL & MEDICAL GASES NIGERIA PLC IMG	NATURAL RESOURCES	₦28.0000	+0.0000%	3,827	—	₦27.6500	9.6129	-0.9780
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦2.0900	-1.4400%	10,055,503	—	₦2.0000	29.5317	-0.2096

Frequently Asked Questions

How do I confirm a recovery pick before buying?

Check the company's most recent earnings — is EPS improving or at least stabilising? Review the balance sheet for debt levels. Look for insider buying or institutional accumulation. A stock can tick all the technical boxes but still be a value trap if the underlying business is deteriorating.

What is the typical risk/reward on recovery picks?

Recovery picks offer asymmetric risk/reward: you are buying near the bottom of a cycle, so the potential upside to a normalised valuation can be 50-200%+, while the downside (to zero) is the maximum loss. Position sizing is critical — limit each recovery pick to 2-5% of portfolio to manage the higher inherent risk.

More Combined Signals Signals

Strong Buy Signals

RSI oversold + MACD bullish + above MA 50 — triple-confirmed buy opportunity.

Strong Sell Signals

RSI overbought + MACD bearish + below MA 50 — triple-confirmed sell/avoid setup.

Breakout Candidates

Near 52-week high + high volume + RSI < 70 — stocks poised for a potential breakout.

Top Nigerian Stocks

Largest and best-performing NGX stocks with positive momentum.

Today's Opportunities

Stocks showing strong bullish momentum today, ranked by Topchor Score.