Bajaj Auto, Schaeffler India among 10 stocks trading with bearish RSI
The Relative Strength Index (RSI) is a technical indicator used to assess stock momentum. It measures the speed and change of price movements on a scale of 0 to 100. Values above 70 suggest overbought conditions, while values below 30 indicate oversold conditions. This article highlights 10 stocks that have experienced a decline in their RSI, potentially indicating a loss of momentum. However, it's important to note that the data is subject to change after market hours on July 3.