Screening Filters & Rationale
RSI below 30:
- Purpose: Identify oversold stocks that may be undervalued and poised for a potential rebound.
- Rationale: RSI below 30 indicates oversold conditions, suggesting a possible reversal or upward momentum.
MACD turning bullish:
- Purpose: Detect stocks with improving momentum and potential upward price movement.
- Rationale: A bullish MACD crossover signals a shift from negative to positive momentum, aligning with a potential trend reversal.
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.