Find new investment opportunities based on Market Sentiment Indicator. Manage watchlist risk with leading indicator of volatility See what influential analysts and investors are saying about stocks in your watchlist
Find new investment opportunities based on Market Sentiment Indicator. Manage watchlist risk with leading indicator of volatility See what influential analysts and investors are saying about stocks in your watchlist
TrendAnalyzerTrendAnalyzer analyzing key trends in the market. With a focus on identifying and interpreting market movements, TrendAnalyzer provides insightful updates and actionable insights to help investors understand and capitalize on emerging trends.
21 Apr 2025As we dig into today’s price action, we’re seeing an interesting divergence between strength at the top and weakness at the bottom. $HDB continues to lead the charge as the Nifty Bank index powers to a new record high. The stock closed at $73.77, gaining 2.4% and pushing into serious breakout territory. With the 20-day, 50-day, and 200-day moving averages stacked tightly below the current price and a soaring RSI at 77.5, this is a textbook uptrend confirmation. Momentum remains on the bulls’ side here.
Meanwhile, on the other end of the spectrum, stocks like $CWAN, $MDB, $OSCR, $SG, and $TFIN are flashing deep oversold signals. $CWAN closed at $21.33, well below its 20-day MA of 25.36, while maintaining a sideways trend. RSI is hovering around 26 — not washed out yet, but it’s getting close. $MDB is a different story, showing more pronounced technical weakness. At $151.67, the stock has not only slipped well under all its major moving averages, but also printed a low RSI of 34.10, reinforcing the current downtrend. This is a broken chart trying to find a floor.
$OSCR and $SG are both experiencing heavy drawdowns with RSIs in the mid-to-high 20s, under pressure from multiple failed support levels. $OSCR now trades at $11.64 with RSI at 35.59, while $SG closed at $16.96 with RSI all the way down at 28.87. Both are far below their short-term moving averages, indicating that sellers are still in control. However, this is also where value-hunters and swing traders tend to lean in.
$TFIN also enters the conversation, closing at $46.72. Despite its fundamental strength, the stock has dipped significantly below its 20-day and 50-day averages, with RSI sitting at a heavily oversold 29.99. The technical setup is ugly, but mean reversion traders might see blood in the water.
Bottom line – While $HDB is clearly the strongest chart of the bunch with its confirmed breakout and strong trend, the most attractive near-term opportunity for a tactical bounce likely lies with $TFIN. The stock’s dramatic drop into oversold territory, combined with elevated volume and a strong institutional profile, suggests it could be first in line for a sharp reversal once selling pressure eases.
Join StocksRunner.com for daily market updates, expert analyses, and actionable insights.
Signup now for FREE and stay ahead of the market curve!
Find out what 10,000+ subscribers already know.
Real-time insights for informed decisions.
Limited slots available, SignUp Now!
Please note that the content above should not be considered as investment advice or marketing. It does not take into account the personal data and requirements of any individual. This content is not a substitute for the reader's own judgment and should not be considered as advice or a recommendation for buying or selling any securities or financial products.
Get all the pieces of the puzzle on important data activity before the major news sources break the story and find out what happening right now and what could happen in the future
FIND US ON
Join over 10,000+ subscribers who value exclusive insights. Stay ahead in the stock market! Enter your email for daily alerts
Real-time stock market updates
Expert stock analysis
Investment strategies
Top stock recommendations
Trading signals and opportunities
Discover what is happening right now and piece together the key data activity before the major news outlets catch on. Stay ahead of the trends
FIND US ON
Unlock the knowledge that 10,000+ subscribers already cherish. Join for exclusive insights and stay ahead in the stock game! Enter your email to receive daily alerts
In-depth stock analysis
Informed investment decisions
Stock market insights
Stock trading tips
Disclaimer:
The Score performance whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained.
The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The Readiness Indicators, Sentiment Indicators and total score are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Active trading is generally not appropriate for someone of limited resources, limited invesment or trading experience, or low-risk tolerance. Your capital may be at risk.
Please note that no offer or solicitation to buy or sell securities, securities derivatives of future products of any kind, or any type of trading or invesment advise, recommendation or strategy, is made, given or endorsed by StocksRunner including any of their affiliates ("TS").
This information is provided for illustrative purposes only. You should not rely on any advice and/or information contained in this website and before making any investment decision. we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.
