Two railway stocks jump up to 11%, hit new 52-week high. Here’s why

Technically, RVNL is trading above eight out of eight SMAs. The day RSI (14) is 80.8. The RSI above 80 is considered strongly overbought. This implies that the stock may show a pullback. MFI is 89.6, and MFI above 80 is considered strongly overbought.