As the stock market remains in a constant state of flux, investors are always on the lookout for reliable indicators to understand stock movements better. Among the plethora of technical indicators, the Relative Strength Index (RSI) stands out as a powerful tool for assessing a stock’s momentum and potential reversal points. On August 1, StockEdge identified 16 stocks trading with RSI trending down. In this article, we will focus on 10 of these stocks, as handpicked by ETMarkets, to explore the significance of RSI and its implications for investors.
