Which big cap stocks are currently oversold in RSI and the trading volume is high

Screening Filters

1. 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 asked for "big cap stocks," which refers to large-cap companies. This filter directly addresses that part of the query by excluding mid-cap and small-cap stocks.

2. RSI Category: Oversold

   • Purpose: This filter identifies stocks that are currently in the "oversold" category based on their Relative Strength Index (RSI). An RSI below 30 is typically considered oversold, indicating that the stock may be undervalued or due for a potential rebound.
   • Rationale: The user requested stocks that are "currently oversold in RSI." This filter directly aligns with the user's interest in identifying stocks that may be trading at a discount or are experiencing downward momentum.

3. Volume: Minimum 1,000,000

   • Purpose: This filter ensures that only stocks with a minimum trading volume of 1,000,000 shares are included. High trading volume indicates strong investor interest and liquidity, which is important for large-cap stocks.
   • Rationale: The user asked for stocks with "high trading volume." While the term "high" is subjective, setting a minimum threshold of 1,000,000 shares is a reasonable interpretation to capture stocks with significant trading activity.

Why Results Match:

• The filters applied match the user's request for "big cap stocks" by including only large-cap companies, ensuring the results are focused on well-established, high-market-cap stocks.
• The RSI "oversold" filter directly addresses the user's interest in identifying stocks that may be undervalued or experiencing downward pressure.
• The volume filter ensures that the stocks returned have significant trading activity, aligning with the user's request for "high trading volume." While the exact threshold for "high" is not specified by the user, 1,000,000 shares is a widely accepted benchmark for high volume in the stock market.

Note: If the user has a specific definition of "high trading volume" (e.g., a higher or lower threshold), the volume filter can be adjusted accordingly. However, the current filters effectively address the user's query as stated.