Screening Filters
Market Cap Category: Large
- Purpose: This filter ensures that only large-cap stocks are included in the results. Large-cap stocks are typically well-established companies with a market capitalization of $10 billion or more.
- Rationale: The user specifically requested "big cap stocks," which refers to large-cap companies. Applying this filter directly aligns with the user's request to focus on this category of stocks.
RSI Category: Oversold
- Purpose: This filter identifies stocks that are currently in the "oversold" category based on the Relative Strength Index (RSI). An RSI below a certain threshold (commonly 30) indicates that a stock may be oversold and potentially undervalued.
- Rationale: The user explicitly asked for stocks that are "currently oversold in RSI." This filter directly addresses that request by narrowing the search to stocks that meet this technical indicator condition.
Why Results Match:
- The filters applied match the user's request perfectly. The user asked for "big cap stocks" (addressed by the Market Cap Category: Large filter) and "currently oversold in RSI" (addressed by the RSI Category: Oversold filter).
- The user also requested to "take out the volume metric," and this has been done by removing the relative volume filter from the criteria. This ensures that the results are not influenced by volume metrics, as per the user's updated request.
By applying these filters, the screener will return a list of large-cap stocks that are currently oversold based on RSI, which is exactly what the user requested.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.
