Screening Filters
Price: {'max': '1'}
- Purpose: To filter for stocks that are priced under $1.
- Rationale: The user specifically requested stocks under $1, so this filter ensures that only stocks meeting this price criterion are included in the results.
RSI Category: ['oversold']
- Purpose: To identify stocks that are in the "oversold" category 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. Typically, an RSI under 30 is considered oversold, and while this does not exactly match the user's request for RSI under 20, it still aligns with the intent of finding stocks that are potentially undervalued or experiencing downward momentum.
Why Results Match:
- The price filter directly matches the user's request for stocks under $1, ensuring that only low-priced stocks are included in the results.
- The RSI category filter partially matches the user's request. While the screener does not support filtering specifically for RSI under 20, the "oversold" category (RSI under 30) is a reasonable approximation. Stocks with RSI under 30 are likely to include those with RSI under 20, as they are part of the same downward momentum range.
Note: If the user is specifically looking for RSI under 20, they should be aware that the screener's "oversold" filter may not capture all such stocks but will still provide relevant results within the broader oversold category.
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.