On October 27, in the NSE Midcap segment, five stocks that gained 2% or more were highlighted in the “RSI Trending Up” scan, based on data from StockEdge.com.
An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI trending up” indicates that the Relative Strength Index (RSI) is rising, suggesting strengthening momentum in the stock’s price. This can signal potential upward movement and may help traders spot buying opportunities.