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: 14 May 2026, 01:50 p.m. (IST)

Backtest Query
Day RSI >= 80 AND Week Volume Avg * Current Price > 100000
Sortby
-
Max Weightage per stock
- %
Start Date
Jan. 31, 2013
End Date
Feb. 28, 2018
Period
5 years
Group
NIFTY500
Frequency
weekly
5.1 years
Cumulative Returns
-2.41 %
Benchmark Returns
94.64 %
Active Returns
-97.05 %
CAGR :-0.48 %
Benchmark :NIFTY500
Group : NIFTY500
Run date :March 20, 2018
Frequency :weekly
Start Date :Jan. 31, 2013
End Date :Feb. 28, 2018
Winners/Losers :415 / 589
Max Drawdown : -
Max Period Returns :28.19 %
Min Period Returns :-23.21 %
Mean Period Returns :0.14 %
Average Stock Count per Period :4.65 | weekly
Average Holding Period of a Stock :3.01 | weekly