Over sold stock

Screening Filters & Rationale

1. Market Cap >= $1 billion:

   • Purpose: Focus on established companies with significant market presence.
   • Rationale: Larger market cap stocks tend to be more stable and less prone to extreme volatility.

2. Low Beta:

   • Purpose: Target low-risk stocks with reduced sensitivity to market fluctuations.
   • Rationale: Low beta stocks are ideal for conservative investors seeking stability.

3. Weekly Average Turnover >= $2 million:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover indicates active trading and reduces the risk of illiquidity.

4. RSI (14) <= 25:

   • Purpose: Identify oversold stocks that may be undervalued.
   • Rationale: A low RSI suggests potential buying opportunities as the stock may rebound.

5. Weekly Price Change <= -3%:

   • Purpose: Highlight stocks experiencing recent price declines.
   • Rationale: A negative price change may indicate temporary weakness, aligning with oversold conditions.