Screeners based on trendlyne technical scores and indicators - RSI, MFI and MACD. Screen overbought, oversold stocks and stocks crossing above MACD and MACD signal line.
Trendlye technical score calculation and other technical indicator values searchable based in index
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.
RSI readings above 80 to indicate overbought conditions and RSI readings below 20 to indicate oversold conditions
Money Flow Index (MFI) is a momentum indicator that measures the inflow and outflow of money into a security over a specific period of time.
An MFI of over 80 suggests the security is overbought, while a value lower than 20 suggest the security is oversold.
Moving Average Convergence Divergence (MACD) is a trend-following plus momentum indicator that shows the relationship between two moving averages of price.
When the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal, which suggests that the price of the asset is likely to experience upward momentum.
MACD is above zero implies that the short-term average is above the long-term average, which signals upward momentum. The opposite is true when the MACD is below zero line.