Scan the market
Use RSI as a technical filter to identify ASX securities showing notable momentum conditions.
ASX Technical Analysis
Find momentum before it becomes obvious.
Screen Australian shares using Relative Strength Index. Marketdata's ASX RSI Screener helps active traders identify momentum conditions and rapidly narrow the market for further technical analysis.
RSI analysis · ASX shares · technical screening
Marketdata / RSI Screener
● TECHNICAL
RSI
OVERSOLD
NEUTRAL
OVERBOUGHT
0
30
50
70
100
Oversold
Neutral / Momentum
Overbought
| Code | Last | RSI | Condition |
|---|---|---|---|
| ASX:AAA | $1.240 | 24.8 | OVERSOLD |
| ASX:BBB | $0.685 | 29.3 | OVERSOLD |
| ASX:CCC | $4.120 | 51.6 | NEUTRAL |
| ASX:DDD | $2.360 | 72.4 | OVERBOUGHT |
| ASX:EEE | $0.415 | 78.1 | OVERBOUGHT |
● RSI SCREEN
Technical momentum
ASX universe
Relative Strength Index
Screen the ASX for momentum conditions.
RSI is a widely used momentum indicator that measures the magnitude of recent price changes. Marketdata brings RSI into a market-wide screening workflow so traders can identify securities worth investigating without checking every chart individually.
Find lower RSI readings
Rapidly surface securities with lower RSI values for further investigation within your trading strategy.
Identify higher RSI readings
Locate securities showing strong recent momentum and investigate whether price conditions fit your trading setup.
Compare ASX securities
Instead of analysing stocks individually, use a screener to compare technical conditions across the market.
Reduce market noise
Use technical screening to reduce a large market universe into a smaller research and trading watchlist.
Continue into charts
RSI screening is a starting point. Continue into Market Charts to examine price action and other technical information in greater detail.
Understanding RSI
A technical signal is a starting point — not the entire trade.
RSI readings can help highlight market conditions, but active traders normally assess them alongside price action, liquidity, trend, market context and their own risk controls.
Reading the RSI range
0–30
Lower RSI range
Often described as an oversold region and useful as a filter
for securities requiring closer analysis.
30–70
Middle RSI range
A broad middle range where traders may assess momentum,
direction and developing price trends.
70+
Higher RSI range
Often described as an overbought region and may indicate
strong recent upward momentum.
For active ASX traders
01
Screen first
Use RSI to narrow the number of securities requiring detailed
chart analysis.
02
Validate the setup
Examine price action and market context rather than treating
an RSI reading as a standalone trading instruction.
03
Build your watchlist
Combine technical conditions with your own trading criteria
to create a focused list of ASX opportunities.
Don't open hundreds of charts just to find the interesting ones.
Screen Australian shares for RSI conditions first, then focus your technical analysis on the securities that fit your trading process.