RSI Overbought

26 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 — 26 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
MOFI REAL ESTATE INVESTMENT FUND MOFIREIF	CONSTRUCTION/REAL ESTATE	₦100.0000	+0.0000%	0	100,000,000,000	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	62,500,000	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	0.0020
NIGERIA REAL ESTATE INV. TRUST FUND NREIT	CONSTRUCTION/REAL ESTATE	₦113.0000	+0.0000%	167,501	187,215,600,086	100.0000	0.7977
CORONATION INFRASTRUCTURE FUND CNIF	CONSTRUCTION/REAL ESTATE	₦116.0000	+0.0000%	216	—	100.0000	1.5966
AVA INFRASTRUCTURE FUND AVAIF	CONSTRUCTION/REAL ESTATE	₦1000000.0000	+0.0000%	0	—	100.0000	0.0000
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
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	4,393	—	99.9267	1.7757
CHAPEL HILL DENHAM NIG. INFRAS DEBT FUND NIDF	CONSTRUCTION/REAL ESTATE	₦163.3000	+0.0000%	187,851	—	99.3314	6.3888
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦5801.4000	+0.0000%	3,483	—	98.3112	606.2867
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦242.0000	+0.0000%	26,888	—	97.9933	3.3419
NIGERIAN ENAMELWARE PLC. ENAMELWA	CONSUMER GOODS	₦40.7000	+0.0000%	76	—	91.6263	0.7395
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	6,411	—	83.9640	0.7149
GOLDEN GUINEA BREW. PLC. GOLDBREW	CONSUMER GOODS	₦7.1000	+0.0000%	0	7,123,679,814	83.4670	0.1366
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	3,324	—	82.9495	3.8642
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦11363.9000	+0.0000%	114,487	—	82.1847	133.0632
EUNISELL INTERLINKED PLC EUNISELL	SERVICES	₦210.0000	+0.0000%	844	—	79.0531	4.7079
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	305	—	78.1579	0.5246
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	3,196	—	77.3126	5.0108
PRESCO PLC PRESCO	AGRICULTURE	₦2300.0000	+0.0000%	15,093	—	77.0867	22.9674
U A C N PLC. UACN	CONGLOMERATES	₦199.9500	+0.0000%	237,735	—	75.9506	4.6545
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦939.0000	+0.0000%	41,780	—	70.8801	7.6807

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.