Relative Strength Index (RSI) Bullish

Stocks with Relative Strength Index (RSI) above 80 are considered overbought. This implies that stock may show pullback. Some traders, in an attempt to avoid false signals from the RSI, use more extreme RSI values as buy or sell signals, such as RSI readings above 80 to indicate overbought conditions and RSI readings below 20 to indicate oversold conditions. The investing strategy for this screener is higher risk. 

Last Updated: 15 Jul 2026, 04:21 p.m. (IST)

Monthly Backtest

Backtest Query
Day RSI >= 80
Sortby
-
Max Weightage per stock
- %
Start Date
Jan. 31, 2013
End Date
Jan. 31, 2018
Period
5 years
Group
All Stocks
Frequency
monthly
5.0 years
Cumulative Returns
19224.13 %
Benchmark Returns
104.79 %
Active Returns
19119.34 %
CAGR :186.40 %
Benchmark :NIFTY500
Group : All Stocks
Run date :March 9, 2018
Frequency :monthly
Start Date :Jan. 31, 2013
End Date :Jan. 31, 2018
Winners/Losers :1361 / 1096
Max Drawdown : -
Max Period Returns :27.64 %
Min Period Returns :-3.75 %
Mean Period Returns :9.41 %
Average Stock Count per Period :70.50 | monthly
Average Holding Period of a Stock :2.24 | monthly