Rsi less than 30

Screening Filters

1. market_cap < 50,000,000

• Purpose: Focus on micro-cap stocks.
• Rationale: This keeps the screen aligned with the earlier context of the user looking for very small companies, which can sometimes show sharper moves or more extreme technical conditions like oversold readings.

2. RSI category = oversold

• Purpose: Find stocks with RSI below 30.
• Rationale: This is the direct match to the user’s request, “rsi less than 30.” An RSI under 30 is typically classified as oversold, which suggests the stock may have been sold off heavily recently.

3. 52w_Low

• Purpose: Identify stocks trading at or near their 52-week low.
• Rationale: A stock hitting a 52-week low often coincides with strong downside momentum and can overlap with oversold RSI conditions. It helps narrow the list to names that are under heavy pressure.

4. week_price_change_pct <= 0

• Purpose: Keep only stocks that were flat or down over the week.
• Rationale: This reinforces the bearish short-term trend and supports the 52-week-low/oversold setup by filtering out stocks that may have already started rebounding.

Why Results Match:

• Yes, the filters do match the user’s request. “RSI less than 30” is supported by the oversold RSI filter.
• The additional filters are consistent with the prior screening context and help improve relevance by focusing on stocks that are not only oversold, but also weak on a short-term and longer-term price basis.
• Taken together, these filters are designed to surface low-cap stocks showing technical stress, which is exactly where RSI under 30 is most likely to appear.