RSI Overbought

27 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 — 27 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	RSI	MACD
RONCHESS GLOBAL RESOURCES PLC RONCHESS	CONSTRUCTION/REAL ESTATE	₦81.0000	+0.0000%	0	—	100.0000	0.0000
EKOCORP PLC. EKOCORP	HEALTHCARE	₦5.8000	+0.0000%	0	—	100.0000	0.0000
STACO INSURANCE PLC STACO	FINANCIAL SERVICES	₦0.4800	+0.0000%	0	—	100.0000	0.0000
AVA INFRASTRUCTURE FUND AVAIF	CONSTRUCTION/REAL ESTATE	₦1000000.0000	+0.0000%	0	—	100.0000	0.0000
CORONATION INFRASTRUCTURE FUND CNIF	CONSTRUCTION/REAL ESTATE	₦116.0000	+0.0000%	3,025	—	100.0000	1.4831
MOFI REAL ESTATE INVESTMENT FUND MOFIREIF	CONSTRUCTION/REAL ESTATE	₦100.0000	+0.0000%	0	—	100.0000	0.0000
MULTI-TREX INTEGRATED FOODS PLC MULTITREX	CONSUMER GOODS	₦0.3600	+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	0.0017
BRICLINKS AFRICA PLC BAPLC	ICT	₦6.2500	+0.0000%	0	—	100.0000	0.0000
NIGERIA REAL ESTATE INV. TRUST FUND NREIT	CONSTRUCTION/REAL ESTATE	₦113.0000	+0.0000%	124,219	—	100.0000	1.8801
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	11,152	—	99.9267	1.5230
CHAPEL HILL DENHAM NIG. INFRAS DEBT FUND NIDF	CONSTRUCTION/REAL ESTATE	₦163.3000	+0.0000%	117,795	—	99.3314	8.2019
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦5801.4000	+0.0000%	7,865	—	98.3112	585.7513
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦242.0000	+0.0000%	4,529	—	97.9933	5.1093
NIGERIAN ENAMELWARE PLC. ENAMELWA	CONSUMER GOODS	₦40.7000	+0.0000%	128	—	91.6263	0.6526
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	6,743	—	83.9640	0.6176
GOLDEN GUINEA BREW. PLC. GOLDBREW	CONSUMER GOODS	₦7.1000	+0.0000%	0	—	83.4670	0.1173
ABBEY BANK PLC ABBEYBANK	FINANCIAL SERVICES	₦10.0000	+6.0000%	2,394,758	—	83.1325	—
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	11,501	—	82.9495	3.3302
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦11363.9000	+0.0000%	56,856	—	82.1847	114.2690
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	2,789	—	78.1579	0.4531
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	33,800	—	77.3126	4.5146
PRESCO PLC PRESCO	AGRICULTURE	₦2300.0000	+0.0000%	128,724	—	77.0867	19.8137
U A C N PLC. UACN	CONGLOMERATES	₦199.9500	+0.0000%	458,963	—	75.9506	5.5662
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦95.9500	+9.9700%	225,912,721	—	75.4999	5.2050
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦939.0000	+0.0000%	67,968	—	70.8801	6.5577

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.