Screening Filters
- RSI Category: ['Oversold']
- Purpose: This filter is used to identify stocks that are in the "oversold" category based on their Relative Strength Index (RSI).
- Rationale: The RSI is a momentum oscillator that measures the speed and change of price movements. A stock with an RSI below 30 is generally considered oversold, and the lower the RSI, the more oversold the stock is. While the user specifically requested stocks with an RSI under 5, the "oversold" category is the closest available filter in the screener to capture stocks with very low RSI values. This ensures that the results include stocks that are likely to meet the user's intent of finding extremely oversold stocks.
Why Results Match:
- The user's request for stocks with an RSI under 5 is highly specific, but the screener does not support filtering by exact RSI values. Instead, the "oversold" category is used as a proxy to identify stocks with very low RSI values, which aligns with the user's intent to find stocks that are significantly oversold.
- While the exact threshold of RSI under 5 cannot be applied, the "oversold" filter ensures that the results include stocks that are likely to exhibit similar characteristics, such as being heavily sold off and potentially undervalued in the short term.
If you need more precise RSI thresholds or additional filters, let me know, and I can help refine the search further!
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.