All mega caps where rsi is less than 30

Screening Filters

1. market_cap_category: mega

   • Purpose: Restrict the results to only mega-cap stocks.
   • Rationale:
     You asked for “mega-cap stocks,” which generally means the largest companies by market value (typically $200B+ in market cap). This filter ensures smaller companies (large-cap, mid-cap, small-cap, etc.) are excluded, so the list only includes very large, highly established firms that match your size requirement.

2. rsi_category: oversold

   • Purpose: Find stocks whose Relative Strength Index (RSI) is less than 30.
   • Rationale:
     In technical analysis, “oversold” conventionally means an RSI below 30. Your request was explicitly for “RSI less than 30,” and the oversold category is the standardized way in the screener to represent exactly that condition. This filter narrows the mega-cap universe to only those names that have experienced recent selling pressure strong enough to push RSI into oversold territory.

Why Results Match:

• The mega-cap size requirement is captured precisely by market_cap_category = mega, matching your “mega-cap stocks” criterion.
• The RSI < 30 condition is reflected by rsi_category = oversold, which is how the screener encodes RSI below 30.
• Therefore, the filters used do match your request:
  • Size constraint: correct
  • RSI threshold: correctly implemented via the “oversold” bucket

Why No Stocks Were Returned

No results came back because, at the time of screening, no mega-cap stock currently has an RSI below 30 according to the data source the screener uses. In other words, among the very largest companies, none are in a technically “oversold” state right now by the strict RSI<30 definition.

This doesn’t mean your approach is wrong; it just means your criteria are very strict, and market conditions at this moment do not produce any mega-cap stocks that fit both:

• Extremely large market cap and
• Deeply oversold (RSI < 30)

Would you be open to adjusting the filters slightly, for example:

• Expanding market cap to include large-cap (not just mega-cap), and/or
• Relaxing the RSI threshold to RSI < 35 or < 40 (still relatively weak, but not strictly “oversold”)?

If you tell me which way you’d prefer to loosen the criteria (size, RSI level, or both), I can explain how that would change the results.