RSI Overbought

28 stocks matched · Updated daily after market close

An RSI above 70 signals that a stock has risen sharply relative to its historical pace and may be overbought. For momentum traders this can mean the rally still has legs. For swing traders it is a caution signal — the stock may pull back before continuing higher. An RSI above 80 deserves particular attention as extreme overbought conditions rarely persist on the NGX.

RSI Overbought — 28 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	RSI	MACD
STACO INSURANCE PLC STACO	FINANCIAL SERVICES	₦0.4800	+0.0000%	0	—	100.0000	0.0000
MULTI-TREX INTEGRATED FOODS PLC MULTITREX	CONSUMER GOODS	₦0.5500	+10.0000%	125,500	—	100.0000	0.0346
BRICLINKS AFRICA PLC BAPLC	ICT	₦6.2500	+0.0000%	0	—	100.0000	0.0000
AFRICAN ALLIANCE INSURANCE PLC AFRINSURE	FINANCIAL SERVICES	₦0.2000	+0.0000%	0	—	100.0000	0.0000
AFROMEDIA PLC AFROMEDIA	SERVICES	₦0.2400	+0.0000%	0	—	100.0000	0.0000
MOFI REAL ESTATE INVESTMENT FUND MOFIREIF	CONSTRUCTION/REAL ESTATE	₦100.0000	+0.0000%	0	—	100.0000	0.0000
AVA INFRASTRUCTURE FUND AVAIF	CONSTRUCTION/REAL ESTATE	₦1000000.0000	+0.0000%	0	—	100.0000	0.0000
RONCHESS GLOBAL RESOURCES PLC RONCHESS	CONSTRUCTION/REAL ESTATE	₦81.0000	+0.0000%	0	—	100.0000	0.0000
CORONATION INFRASTRUCTURE FUND CNIF	CONSTRUCTION/REAL ESTATE	₦154.3000	+0.0000%	447	—	100.0000	0.8024
EKOCORP PLC. EKOCORP	HEALTHCARE	₦5.8000	+0.0000%	0	—	100.0000	0.0000
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦290.5000	+0.0000%	28,546	—	99.9516	9.2668
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	22,404	—	99.9267	0.0190
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦6300.0000	+0.0000%	1,045	—	99.3329	30.6482
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦16000.1000	+0.0000%	20,714	—	99.0165	762.6104
GUINNESS NIGERIA PLC GUINNESS	CONSUMER GOODS	₦423.0000	+0.0000%	106,628	—	97.4815	8.3018
LIVESTOCK FEEDS PLC. LIVESTOCK	AGRICULTURE	₦18.6000	+9.7300%	7,725,354	—	94.8990	2.2599
CHAPEL HILL DENHAM NIG. INFRAS DEBT FUND NIDF	CONSTRUCTION/REAL ESTATE	₦158.0000	+6.9700%	329,295	—	92.4424	0.3757
NIGERIAN ENAMELWARE PLC. ENAMELWA	CONSUMER GOODS	₦36.6500	-9.9500%	250,200	—	91.6263	0.0093
STERLING FINANCIAL HOLDINGS COMPANY PLC STERLINGNG	FINANCIAL SERVICES	₦76.9500	+0.1300%	2,912,248	—	90.2073	17.9791
DANGOTE CEMENT PLC DANGCEM	INDUSTRIAL GOODS	₦1066.7000	+0.0000%	121,769	—	86.2793	7.6660
SCOA NIGERIA PLC SCOA	CONGLOMERATES	₦33.0500	+0.0000%	8,922	—	83.9640	0.0080
GOLDEN GUINEA BREWERIES PLC GOLDBREW	CONSUMER GOODS	₦7.1000	+0.0000%	0	—	83.4670	0.0015
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	2,462	—	82.9495	0.0425
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	10,515	—	78.1579	0.0059
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦17.3000	+9.8400%	4,853,430	—	77.4574	0.1319
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	636	—	77.3126	0.0699
UAC OF NIGERIA PLC UACN	CONGLOMERATES	₦184.0000	+0.0000%	216,418	—	74.2281	2.2566
TRIPPLE GEE AND COMPANY PLC. TRIPPLEG	INDUSTRIAL GOODS	₦3.0900	+0.0000%	53,791	—	73.4732	0.0848

Frequently Asked Questions

Should I sell an NGX stock because its RSI is above 70?

Not automatically. In a strong uptrend, RSI can remain above 70 for weeks. Use RSI overbought as a warning to tighten your stop-loss or reduce position size rather than an immediate exit signal. Confirm with MACD divergence (price rising but MACD histogram falling) for a more reliable reversal signal.

More Technical Based Signals

RSI Oversold

NGX stocks with RSI below 30 — technically oversold and potentially due for a bounce.

MACD Bullish

NGX stocks where MACD is above its signal line — bullish momentum signal.

MACD Bearish

NGX stocks where MACD is below its signal line — bearish momentum signal.

Above 200-Day MA

NGX stocks trading above their 200-day moving average — long-term uptrend.

Below 200-Day MA

NGX stocks below their 200-day moving average — long-term downtrend warning.

Golden Cross

NGX stocks where the 50-day MA has crossed above the 200-day MA — strong bullish signal.

Death Cross

NGX stocks where the 50-day MA has fallen below the 200-day MA — long-term bearish signal.