Strong Sell Signals

1 stock matched · Updated daily after market close

Strong Sell flags NGX stocks where three bearish signals coincide: (1) RSI above 70 — overbought and overextended; (2) MACD below its signal line — downward momentum building; (3) price below the 50-day MA — medium-term trend is bearish. Stocks meeting all three criteria are at elevated risk of further decline. This list is used to avoid new purchases and as a short-selling watchlist.

Strong Sell Signals — 1 Stock

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	RSI	MACD	MA 50
NIGERIAN ENAMELWARE PLC. ENAMELWA	CONSUMER GOODS	₦36.6500	-9.9500%	250,200	—	91.6263	0.0093	₦40.7000

Frequently Asked Questions

Can I short-sell stocks on the NGX?

Direct short-selling is not available to most retail investors on the NGX. However, the Strong Sell list is still useful: it identifies stocks to avoid buying, and for existing holders it signals a review of whether to hold or exit the position to protect gains or limit losses.

More Combined Signals Signals

Strong Buy Signals

RSI oversold + MACD bullish + above MA 50 — triple-confirmed buy opportunity.

Breakout Candidates

Near 52-week high + high volume + RSI < 70 — stocks poised for a potential breakout.

Recovery Picks

Near 52-week low + RSI < 35 + positive MACD — beaten-down stocks showing early recovery signs.

Top Nigerian Stocks

Largest and best-performing NGX stocks with positive momentum.

Today's Opportunities

Stocks showing strong bullish momentum today, ranked by Topchor Score.