In October 2024, every stock screener showed VEDL in the "avoid" category. The stock had fallen from ₹480 to ₹342 in six weeks. News was bearish — commodity cycle fears, Adani fallout concerns.
But White Stallion AI's Technical Analysis tab showed something the headlines didn't: RSI at 28.
What RSI 28 means
RSI (Relative Strength Index) measures momentum on a scale of 0-100. Below 30 = oversold. Above 70 = overbought. An RSI of 28 meant VEDL was deeply oversold — sellers were exhausted.
The app also showed MACD crossing above the signal line (bullish crossover) and price touching the lower Bollinger Band. Three technical signals aligned: buy.
How the Technicals tab works
White Stallion AI computes all technical indicators locally using Yahoo Finance price data — no API keys needed. For every stock in your portfolio plus your watchlist, it calculates RSI (14-period), MACD (12,26,9), 50-day and 200-day SMA, Bollinger Bands (20,2), and generates an overall technical score from 0-100.
The result
I bought VEDL at ₹342 in October 2024. As of April 2026, it's at ₹685. A 100% return in 18 months — identified by three free technical indicators that the app computed automatically.
Not every oversold stock recovers. But the Technical Analysis tab gives you the data to make informed decisions instead of relying on tips and news headlines.
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