While performing technical analysis of AMBER, RSI becomes one of the most important indicators to study stock momentum. Other indicators like, SMA and EMA are useful tools that traders can use to analyze overbought or oversold zones.
Amber Enterprises India Limited is a Consumer Cyclical sector stock and is listed on both NSE and BSE under symbol NSE:AMBER. The company opened at 6827.2 today, and closed the day at 7131.3 marking a bullish candle.
The current RSI of AMBER is at 62.84 implies that the stock is not in overbought/oversold zone. 9 period SMA, a short term moving average which is used as a trend following indicator is below share price of Amber Enterprises India Limited.
Also read - AMBER long term target analysis | AMBER analysis for tomorrow
AMBER’s Current and Past Week RSI Values
AMBER is trading at rs 7131.3 per share with RSI value of 62.84. The RSI value has risen by 4.74 points since yesterday. This range shows that the stock is currently under bullish pressure.
In the past week, the average RSI was 60.37 which is higher than 50. This signals bullishness in the company’s share price. The stock has managed to stay above the level 50 for the past 4 day(s) showing consistently strengthening momentum.
RSI Chart and Updates of AMBER Shares
Latest RSI Updates:
- 2025-02-20: RSI is nearing oversold level of 40.
- 2025-03-03: Momentum is weak, RSI approaching 40.
- 2025-03-05: RSI has declined below 50, indicating bearish momentum.
- 2025-03-20: Momentum is strong, RSI nearing 60.
- 2025-03-24: RSI is approaching overbought level of 60.
Short Term Analysis of AMBER’s RSI
Previous week, AMBER's RSI showed notable fluctuations, starting at 61.74 and closing at 62.84. There was a change of 1.1 points last week. In this week starting on 2025-03-24, Amber Enterprises India Limited's RSI value changed by 2.87. Through this week, the Strength Index made a high of 62.84 and dipped to 58.1.
This shift indicates a rise in momentum when compared to last week's closing RSI of 62.84. The average RSI for the current week stands at 60.37, which decreased from the previous week's average of 61.17.
Throughout the week, the RSI reached a high of 62.84 and a low of 58.1, illustrating the range of volatility in investor sentiment. This volatility is further underscored by the daily trends, where the RSI recorded 4 day(s) of rises and 0 day(s) of declines. Such movements provide insights into the short-term trading momentum and the overall trading behavior of AMBER.
AMBER’s Long Term Relative Strength Index Evaluation
In long term review of Amber Enterprises India Limited, the monthly RSI data shows rising momentum with an average value of 55.31. If we compare previous month value to that of its previous three months, the stock has outperformed.
This data makes it clear that there is no significant shift in momentum in the stock in the longer term.
AMBER’s RSI and Price Correlation
While analysing momentum, it's important that we study Amber Enterprises India Limited's price and RSI together. In the last 7 days, when the RSI of AMBER was gaining momentum its price was rising.
| Date | RSI | Price | Implication |
|---|---|---|---|
| 2025-03-19 | 63.75 | 6861.9 | Neutral |
| 2025-03-20 | 69.56 | 7248.5 | Bullish |
| 2025-03-21 | 59.97 | 6890.55 | Bearish |
| 2025-03-24 | 61.74 | 7001.75 | Neutral |
| 2025-03-25 | 58.8 | 6884.9 | Bearish |
| 2025-03-26 | 58.1 | 6857.15 | Bearish |
| 2025-03-27 | 62.84 | 7131.3 | Bullish |
1. In the past 7 days, RSI and price moved in the same direction on 5 day(s), indicating consistent momentum.
2. The RSI remained within normal ranges, indicating no extreme overbought or oversold conditions in the past 7 days.
3. No significant divergences were detected, suggesting stable momentum without clear signals for trend reversal.
Is AMBER Overbought or Oversold?
RSI can be used to determine overbought and oversold zones. AMBER's Relative Strength value of 62.84 shows that the stock is not in overbought or oversold zone.
9 Day SMA Analysis
9SMA is a useful trend-following indicator that is helpful in identification of short term trend. Currently AMBER closed above its 9SMA value of 6872.83.
Shares of Amber Enterprises India Limited have consistently stayed above the 9SMA since last 15 day(s). It is therefore bullish in short term.
AMBER’s 14, 21 Exponential Moving Average and 100 Day Simple Moving Average
14-day EMA is an indicator that is sensitive to short-term price movements. Currently 14EMA is at 6720.1. Another short term trend indicator is 21-day EMA, which is at Rs 6604.89. Latest data show that the 14-day EMA is above the 21-day EMA. Therefore AMBER's momentum is increasing in short-term.
Long term trend indicator like 100-day SMA, closed at 6497.37. When comparing AMBER's current price of Rs 7131.3 to this average, being above it indicates upward trend in the market over a more longer period.
Short term momentum is bullish and the longer period trend is bullish. This means there is no disparity in price in both time frames.
Summary of AMBER’s Momentum
AMBER's current RSI of 62.84 indicates that the stock is bullish momentum. The 9-day SMA shows a bullish short-term trend, while the 14-day and 21-day EMAs suggest a strengthening momentum. Furthermore, the 100-day SMA reflects a upward long-term trend.
