Indicator of the day
RSI (14) — the Relative Strength Index
Created by J. Welles Wilder in 1978, RSI measures the speed of recent price moves on a 0–100 scale.
How it is calculated
Take the last 14 daily price changes. Average the gains and the losses (Wilder smoothing). RS = average gain ÷ average loss; RSI = 100 − 100 ÷ (1 + RS).
How people read it
Above 70: "overbought" — strong but stretched. Below 30: "oversold" — stretched to the downside. 45–55: neutral.
Divergence
Price makes a new high or low but RSI does not — a sign momentum may be fading.
Limits
In strong trends RSI can stay overbought or oversold for weeks. It is one input, never a signal on its own.
Today's 10 stocks on 30 Jun 2026
| Stock | RSI (14) | Zone | Next 3 months |
|---|---|---|---|
| Infosys | 30.7 | Soft | +3.5% |
| Tata Consultancy Services | 32.5 | Soft | +2.1% |
| Hindustan Unilever | 40.8 | Soft | -13.3% |
| Reliance Industries | 42.6 | Soft | -9.8% |
| ITC | 42.7 | Soft | -10.8% |
| Bharti Airtel | 49.9 | Neutral | -6.0% |
| State Bank of India | 54.3 | Neutral | -7.1% |
| Larsen & Toubro | 56.2 | Positive | -10.9% |
| HDFC Bank | 59.5 | Positive | -9.6% |
| ICICI Bank | 65.9 | Positive | -4.7% |
Did a low or high RSI line up with what came next? Ten cases is far too few to draw conclusions — that is the point of building up hundreds.