Stocks bearish

Screening Filters

1. moving_average_relationship: PriceBelowMA200

   • Purpose: Identify stocks trading below their 200-day moving average.
   • Rationale: The 200-day moving average is a widely used long-term trend indicator. When price is below the 200-day MA, it generally signals a bearish or downtrend condition for that specific stock. Including this filter focuses the results on stocks that are, by a classic technical definition, in a longer-term bearish phase.

2. rsi_category: oversold

   • Purpose: Capture stocks with an oversold Relative Strength Index (typically RSI < 30).
   • Rationale: An “oversold” RSI indicates sustained selling pressure and weak price momentum. While oversold conditions can precede bounces, they also confirm that a stock has been in a recent bearish swing, reinforcing the idea that the stock has been under downward pressure, not in a strong uptrend.

3. quarter_price_change_pct: { max: -15 }

   • Purpose: Restrict to stocks whose price has declined by 15% or more over the last quarter (3 months).
   • Rationale: A double-digit drop over a relatively short period is a concrete sign of a medium-term bearish trend. This filter ensures the stocks haven’t just dipped slightly; they have experienced a meaningful downside move recently, consistent with bearish behavior.

4. year_price_change_pct: { max: -20 }

   • Purpose: Restrict to stocks down 20% or more over the last year.
   • Rationale: This targets stocks that are not only weak in the last quarter but have also been underperforming over a longer horizon. A 20%+ decline over 12 months is a strong indicator of a prolonged bearish trend, rather than a brief correction.

5. is_index_component: GSPC

   • Purpose: Limit results to S&P 500 constituents.
   • Rationale: The S&P 500 (ticker ^GSPC) is a key benchmark for the U.S. equity market. Focusing on these components means:
     • You’re looking at large, widely followed companies rather than obscure microcaps.
     • The bearish trends identified are in major names that matter for the overall market tone, which is more relevant when asking whether “stocks” (in a broad sense) are in a bearish trend.

6. list_exchange: [XNYS, XNAS, XASE]

   • Purpose: Restrict to stocks listed on NYSE, NASDAQ, and NYSE American (AMEX).
   • Rationale: These are the primary U.S. stock exchanges. This keeps the universe to main U.S. listed equities, aligning with the S&P 500 focus, and avoids foreign or OTC listings that might not be representative when assessing broad market trends.

Why Results Match Your Question (“Are stocks currently in a bearish trend?”)

• The screen isolates well-known, large U.S. stocks (S&P 500) that:

  • Are trading below their 200-day moving average (long-term bearish signal),
  • Are currently oversold on RSI (recent selling pressure),
  • Have dropped significantly over the last 3 months (≤ -15%) and the last year (≤ -20%) (medium- and long-term weakness).

• By examining how many such stocks appear and their characteristics, you can gauge how widespread and severe bearish conditions are among major U.S. stocks. If a large number of S&P 500 constituents meet these bearish criteria, it suggests that a significant portion of the market is in a bearish trend, which directly addresses your question.