Stocks under $0.50 with an rsi under 20

Screening Filters

1. Price: {'max': '0.50'}

   • Purpose: This filter ensures that only stocks priced at or below $0.50 are included in the results.
   • Rationale: The user specifically requested stocks under $0.50, so this filter directly addresses that part of the query by excluding any stocks priced above this threshold.

2. RSI Category: ['oversold']

   • Purpose: This filter identifies stocks that are categorized as "oversold" based on their Relative Strength Index (RSI).
   • Rationale: While the user requested stocks with an RSI under 20, the screener uses the "oversold" category as a proxy. In most cases, an RSI under 30 is considered oversold, and while this does not exactly match the user's request for RSI under 20, it still captures stocks that are likely to be in a similar condition of being oversold or undervalued.

Why Results Match:

• The price filter directly matches the user's request for stocks under $0.50, ensuring that only low-priced stocks are included.
• The RSI category filter does not exactly match the user's request for RSI under 20, but it is a reasonable approximation. The "oversold" category typically includes stocks with an RSI below 30, which overlaps with the user's intent to find stocks with low RSI values. While the screener does not support filtering specifically for RSI under 20, the "oversold" filter still identifies stocks that are likely to exhibit similar characteristics of being undervalued or oversold.

This combination of filters effectively narrows down the stock universe to meet the user's intent as closely as possible within the screener's capabilities.