RSI Overbought Stocks (RSI > 70)bearish
Stocks with a 14-day RSI above 70 — stretched momentum that mean-reversion traders watch for pullbacks and trend traders read as strength.
7 stocks · ranked by significance · click any symbol for the full smart-money deep dive · Download CSV
| Stock | LTP | RSI(14) | 1M % |
|---|---|---|---|
| SHYAMMETLShyam Metalics and Energy Ltd. | 1226.60 | 77.9 | +11.76% |
| TECHMTech Mahindra Ltd. | 1779.10 | 74.4 | +14.15% |
| ZENSARTECHZensar Technolgies Ltd. | 513.15 | 74.2 | +17.59% |
| KARURVYSYAKarur Vysya Bank Ltd. | 370.05 | 74.1 | +13.46% |
| TCSTata Consultancy Services Ltd. | 2460.90 | 74.1 | +15.61% |
| TATAELXSITata Elxsi Ltd. | 3790.00 | 71.2 | +15.30% |
| HEXTHexaware Technologies Ltd. | 574.30 | 70.1 | +11.46% |
How this screen works
An RSI above 70 is conventionally read as overbought — the recent advance has been fast enough that a pause or pullback becomes more likely. But there's a twist every experienced trader knows: the strongest stocks get overbought and stay overbought, so a high RSI is also a strength screen.
This list serves both readings: mean-reversion traders scanning for stretched names to fade or to avoid chasing, and momentum traders using it as a shortlist of the market's most aggressive movers.
RSI(14) is computed with Wilder's smoothing from each stock's daily closes — the same calculation as the oversold screen, at the opposite threshold. Readings above 70 are conventionally overbought.
Stocks above 70 are listed, most extreme first, with the 1-month return alongside to show how much of the move is recent.
Overbought does not mean 'sell': in strong uptrends RSI can hold above 70 for weeks. Fading high RSI works in ranges and fails badly in trends — context first. Information, not advice.
FAQ
What does RSI above 70 mean?
RSI is a 0–100 momentum oscillator. Above 70 means the recent advance has been unusually fast — conventionally 'overbought', implying elevated pullback odds, though strong trends can sustain it.
Should I sell or short overbought stocks?
Not mechanically. Shorting strength is one of the most expensive habits in trading — the strongest uptrends stay overbought for long stretches. Mean-reversion on RSI works best in sideways markets. This is information, not advice.
Why would momentum traders use an overbought list?
Because the market's strongest stocks live here. A persistent RSI above 70 marks aggressive, sustained buying — exactly what momentum strategies seek. They buy pullbacks in these names rather than fading them.
How is RSI calculated here?
The standard 14-period RSI with Wilder's smoothing, computed from daily closing prices — identical to the oversold screen with the threshold at 70 instead of 30.