RSI Overbought

23 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 — 23 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	RSI	MACD
CORONATION INFRASTRUCTURE FUND CNIF	CONSTRUCTION/REAL ESTATE	₦154.3000	+0.0000%	1,260	—	100.0000	6.4828
AVA INFRASTRUCTURE FUND AVAIF	CONSTRUCTION/REAL ESTATE	₦1000000.0000	+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	1,065,371,277	100.0000	0.0002
EKOCORP PLC. EKOCORP	HEALTHCARE	₦5.8000	+0.0000%	0	—	100.0000	0.0000
RONCHESS GLOBAL RESOURCES PLC RONCHESS	CONSTRUCTION/REAL ESTATE	₦81.0000	+0.0000%	0	—	100.0000	0.0000
STACO INSURANCE PLC STACO	FINANCIAL SERVICES	₦0.4800	+0.0000%	0	—	100.0000	0.0000
MULTI-TREX INTEGRATED FOODS PLC MULTITREX	CONSUMER GOODS	₦0.3600	+0.0000%	0	—	100.0000	0.0000
BRICLINKS AFRICA PLC BAPLC	ICT	₦6.2500	+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
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	635	—	99.9267	0.1769
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦265.5000	+0.0000%	13,317	—	99.7469	3.6727
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦6300.0000	+0.0000%	2,351	—	99.3329	230.0141
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦12320.6000	+0.0000%	223,972	—	92.3088	57.3116
NIGERIAN ENAMELWARE PLC. ENAMELWA	CONSUMER GOODS	₦40.7000	+0.0000%	0	—	91.6263	0.0856
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	16,005	—	83.9640	0.0741
GOLDEN GUINEA BREW. PLC. GOLDBREW	CONSUMER GOODS	₦7.1000	+0.0000%	0	—	83.4670	0.0137
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	2,956	—	82.9495	0.3954
ACCESS HOLDINGS PLC ACCESSCORP	FINANCIAL SERVICES	₦32.1000	+8.8100%	126,537,009	—	79.4473	0.9711
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	8,623	—	78.1579	0.0544
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	1,518	—	77.3126	0.6414
GUINNESS NIGERIA PLC GUINNESS	CONSUMER GOODS	₦384.8000	+0.0000%	607,248	—	71.6951	3.6832
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦145.0000	-0.0300%	14,467,751	—	70.5100	8.6461

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.