Sun Pharma, Fortis Health among 8 overbought stocks with bearish RSI
StockEdge has reported on nine stocks that are currently trading in the overbought zone but have a bearish or declining RSI trend. RSI, or Relative Strength Index, is a widely used technical tool that measures a stock’s strength and momentum. Readings above 70 indicate that a stock is overbought, while readings below 30 suggest that a stock is oversold.
