In the dynamic world of stock trading, investors rely on various indicators and tools to make well-informed decisions. One such indicator that plays a vital role in technical analysis is the Relative Strength Index (RSI). On October 5, Thursday, StockEdge reported that over 14 stocks were trading in an overbought zone, and ETMarkets has carefully selected 10 stocks from this group for a closer look. In this article, we’ll explore the importance of RSI and delve into the details of these 10 overbought stocks.
Understanding the Relative Strength Index (RSI)
