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 430.9 today, and closed the day at 434.8 marking a bullish candle.
The current RSI of JSFB is at 53.15 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 434.8 per share with RSI value of 53.15. The RSI value has risen by 1.48 points since yesterday. This range shows that the stock is currently under bullish pressure.
In the past week, the average RSI was 50 which is equal than 50. This signals neutrality in the company’s share price. The stock has managed to stay at the level 50 for the past 0 day(s) showing consistently stable momentum.
RSI Chart and Updates of JSFB Shares
Latest RSI Updates:
- 2025-02-27: Momentum is gaining as RSI crossed above 50.
- 2025-03-03: RSI has declined below 50, indicating bearish momentum.
- 2025-03-07: RSI is approaching overbought level of 60.
- 2025-03-11: RSI has risen above 50, indicating bullish momentum.
- 2025-03-18: Momentum is weakening as RSI fell below 50.
Short Term Analysis of JSFB’s RSI
Previous week, JSFB's RSI showed notable fluctuations, starting at 47.24 and closing at 53.15. There was a change of 5.91 points last week. In this week starting on 2025-03-17, Jana Small Finance Bank's RSI value changed by 8.52. Through this week, the Strength Index made a high of 53.15 and dipped to 47.24.
This shift indicates a rise in momentum when compared to last week's closing RSI of 53.15. The average RSI for the current week stands at 50, which decreased from the previous week's average of 50.41.
Throughout the week, the RSI reached a high of 53.15 and a low of 47.24, illustrating the range of volatility in investor sentiment. This volatility is further underscored by the daily trends, where the RSI recorded 3 day(s) of rises and 2 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 52.02. 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 |
---|---|---|---|
2025-03-12 | 48 | 421.45 | Neutral |
2025-03-13 | 44.63 | 409.15 | Bearish |
2025-03-17 | 47.24 | 417.2 | Neutral |
2025-03-18 | 47.24 | 417.2 | Neutral |
2025-03-19 | 50.72 | 427.55 | Bullish |
2025-03-20 | 51.67 | 430.45 | Bullish |
2025-03-21 | 53.15 | 434.8 | Bullish |
1. In the past 7 days, RSI and price moved in the same direction on 4 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 53.15 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 426.96.
Shares of Jana Small Finance Bank have consistently stayed above the 9SMA since last 2 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 427.87. Another short term trend indicator is 21-day EMA, which is at Rs 427.23. 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 418.15. When comparing JSFB's current price of Rs 434.8 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 JSFB’s Momentum
JSFB's current RSI of 53.15 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.