RSI Overbought
4 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 — 4 Stocks
Sorted by signal strength| Company | Sector | Price (₦) | % Change | Volume | Mkt Cap | RSI | MACD |
|---|---|---|---|---|---|---|---|
|
TRANSCORP HOTELS PLC
TRANSCOHOT |
SERVICES | ₦223.3000 | +0.0000% | 230,013 | 2,287,156,594,176 | 86.0430 | 10.2614 |
|
INTERNATIONAL ENERGY INSURANCE PLC
INTENEGINS |
FINANCIAL SERVICES | ₦4.9700 | +9.9600% | 5,181,850 | — | 81.8950 | 0.3427 |
|
CONSOLIDATED HALLMARK HOLDINGS PLC
CONHALLPLC |
FINANCIAL SERVICES | ₦6.8700 | +9.9200% | 5,636,779 | 61,896,400,000 | 73.5238 | 0.3097 |
|
IKEJA HOTEL PLC
IKEJAHOTEL |
SERVICES | ₦43.7000 | +8.7100% | 865,429 | — | 70.2181 | 1.0319 |
Frequently Asked Questions
Should I sell an NGX stock because its RSI is above 70?
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.