RSI Overbought Stocks
Daily RSI at or above 70 — extended momentum where trend riders trail stops and reversal traders look for exhaustion.
About This Scan
When a stock's 14-day RSI pushes above 70, momentum is officially hot. Trend riders use this list to hold winners with trailing stops, while reversal traders wait for the first weak candle to fade the extension. This scan surfaces every NSE stock trading in the overbought zone right now, filtered to names still above their 50-day EMA so you only see strength, not dead-cat bounces.
Scan Rules
Stock passes all of the below filters in the ALL segment using 1D candles:
- 1.RSI greater than or equal to 70
- 2.Close greater than EMA 50
How To Use This Scan
- •Treat RSI above 70 as strength while price holds above the 50-day EMA — do not short blindly into a trending tape.
- •Book partial profits into extensions and trail the rest; mean reversion from 70+ in a downtrend fails more often.
- •Re-run the scan after 3:15 PM for the most reliable end-of-day readings.
Frequently Asked Questions
What does RSI above 70 mean?
A 14-day RSI above 70 means the stock has closed higher with unusual persistence — the classic overbought threshold. It signals strong momentum that can either extend further in a trend or reverse once buyers are exhausted.
Is RSI 70 a buy or sell signal?
Neither by itself. In an established uptrend, RSI can stay above 70 for weeks. Most traders use it with trend filters (price above key EMAs) to hold winners, or wait for RSI to curl back below 70 as an exhaustion signal before exiting.