Vodafone Idea, Prince Pipes among 5 stocks with bearish RSI

Investors in the stock market are often confronted with the challenge of balancing their desire for potential returns with the need to manage risk. One tool that can help strike this balance is the Relative Strength Index (RSI), a widely used technical indicator that offers valuable insights into a stock’s momentum. On September 14, Thursday, StockEdge identified 5 stocks that found themselves in the overbought zone, but their RSI trends were showing a bearish or declining move. In this article, we’ll delve into what RSI is, its importance, and take a closer look at these stocks.