While performing technical analysis of JSFB, 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.
Jana Small Finance Bank is a Financial Services sector stock and is listed on both NSE and BSE under symbol NSE:JSFB. The company opened at 434 today, and closed the day at 420.2 marking a bearish candle.
The current RSI of JSFB is at 49.85 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 Jana Small Finance Bank.
Also read - JSFB long term target analysis | JSFB analysis for tomorrow
JSFB’s Current and Past Week RSI Values
JSFB is trading at rs 420.2 per share with RSI value of 49.85. The RSI value has fallen by 3.56 points since yesterday. This range shows that the stock is currently under bearish pressure.
In the past week, the average RSI was 49.48 which is lower than 50. This signals bearishness in the company’s share price. The stock has managed to stay below the level 50 for the past 3 day(s) showing consistently weakening momentum.
RSI Chart and Updates of JSFB Shares
Latest RSI Updates:
- 2025-01-31: Relative strength near overbought zone at 60.
- 2025-02-06: Momentum is strong, RSI nearing 60.
- 2025-02-10: Relative strength increases with RSI moving past 50.
- 2025-02-18: Momentum is weakening as RSI fell below 50.
- 2025-02-20: RSI has risen above 50, indicating bullish momentum.
Short Term Analysis of JSFB’s RSI
Previous week, JSFB's RSI showed notable fluctuations, starting at 48.0307 and closing at 49.8465. There was a change of 1.82 points last week. In this week starting on 2025-02-17, Jana Small Finance Bank's RSI value changed by 7.65. Through this week, the Strength Index made a high of 53.4059 and dipped to 45.0489.
This shift indicates a rise in momentum when compared to last week's closing RSI of 49.8465. The average RSI for the current week stands at 49.48, which increased from the previous week's average of 47.66.
Throughout the week, the RSI reached a high of 53.4059 and a low of 45.0489, illustrating the range of volatility in investor sentiment. This volatility is further underscored by the daily trends, where the RSI recorded 2 day(s) of rises and 3 day(s) of declines. Such movements provide insights into the short-term trading momentum and the overall trading behavior of JSFB.
JSFB’s Long Term Relative Strength Index Evaluation
In long term review of Jana Small Finance Bank, the monthly RSI data shows rising momentum with an average value of 52.03. 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 a shift in momentum in the stock from bearish to bullish in the longer term.
JSFB’s RSI and Price Correlation
While analysing momentum, it's important that we study Jana Small Finance Bank's price and RSI together. In the last 7 days, when the RSI of JSFB was gaining momentum its price was rising.
| Date | RSI | Price | Implication |
|---|---|---|---|
| 2025-02-13 | 43.51 | 402.4 | Neutral |
| 2025-02-14 | 42.2 | 397.45 | Bearish |
| 2025-02-17 | 48.03 | 414.6 | Neutral |
| 2025-02-18 | 45.05 | 404.15 | Bearish |
| 2025-02-19 | 51.05 | 423.3 | Bullish |
| 2025-02-20 | 53.41 | 431.55 | Bullish |
| 2025-02-21 | 49.85 | 420.2 | Bearish |
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 JSFB Overbought or Oversold?
RSI can be used to determine overbought and oversold zones. JSFB's Relative Strength value of 49.85 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 JSFB closed above its 9SMA value of 414.08.
Shares of Jana Small Finance Bank have consistently stayed above the 9SMA since last 3 day(s). It is therefore bullish in short term.
JSFB’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 421.84. Another short term trend indicator is 21-day EMA, which is at Rs 421.49. Latest data show that the 14-day EMA is above the 21-day EMA. Therefore JSFB's momentum is increasing in short-term.
Long term trend indicator like 100-day SMA, closed at 434.24. When comparing JSFB's current price of Rs 420.2 to this average, being below it indicates downward trend in the market over a more longer period.
Short term momentum is bullish and the longer period trend is bearish. This means there is disparity in price in both time frames.
Summary of JSFB’s Momentum
JSFB's current RSI of 49.85 indicates that the stock is bearish 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 downward long-term trend.
