Daily RSI above 75 or below 25

Screening Filters

1. rsi_category: ['overbought', 'oversold']

   • Purpose:
     To find stocks whose daily RSI is either very high (overbought) or very low (oversold) — i.e., at momentum extremes.
   • Rationale:
     • “Overbought” typically corresponds to RSI values above a standard threshold (commonly >70). Your request was for RSI above 75, which is an even more extreme overbought condition.
     • “Oversold” typically corresponds to RSI values below a standard threshold (commonly <30). Your request was for RSI below 25, which is an even more extreme oversold condition.
     • Our screener does not allow specifying exact numeric RSI levels (like 75 or 25). Instead, it uses categorical bands:
       • Overbought ≈ high RSI (around or above 70)
       • Oversold ≈ low RSI (around or below 30)

   By including both overbought and oversold in rsi_category, the filter is capturing stocks at both ends of the RSI spectrum, which aligns with your “above 75 or below 25” logic (extreme high or extreme low RSI).

Why Results Match:

• Your intent:
  • Find stocks with extreme daily RSI: either very high (>75) or very low (<25).
• What the filter does:
  • Flags overbought (high RSI) and oversold (low RSI) conditions, which are the standard technical definitions for the extremes you’re interested in.
• Limitation and approximation:
  • We cannot set the precise cutoffs of 75 and 25 in this screener.
  • Instead, we use the closest available classification: “overbought” for high RSI and “oversold” for low RSI. This still effectively surfaces stocks with strong momentum conditions close to what you requested.