On October 10, several NSE largecap stocks were highlighted in the RSI Trending Up scan, based on data from stockedge.com. An uptrend signal is generated when the RSI (Relative Strength Index) crosses above 50 from below.
“RSI trending up” indicates that the RSI values are rising, reflecting strengthening momentum in a stock’s price. This suggests potential upward movement and can help traders identify possible buying opportunities.