Now look for overbought companies

Screening Filters

1. RSI Category: ['overbought', 'moderate']

   • Purpose: Find stocks whose recent price action is strong enough to be considered overbought, or at least elevated, on a technical basis.
   • Rationale:
     • RSI (Relative Strength Index) is one of the primary tools traders use to label a stock as “overbought” or “oversold.”
     • Including overbought directly targets the “overbought companies” you asked for.
     • Including moderate widens the net a bit to catch stocks that are close to overbought but not yet at extreme levels, so you see more candidates that are strong and possibly approaching overbought.

2. Moving Average Relationship: ['PriceAboveMA20']

   • Purpose: Ensure the stock’s current price is above its 20-day moving average, confirming short‑term upward momentum.
   • Rationale:
     • Overbought conditions usually happen during strong uptrends.
     • Requiring price to be above the 20-day MA filters for stocks that are not only strong on RSI, but also technically trending upward, which is consistent with an “overbought” profile.

3. 1-Month Price Change %: {'min': '8'}

   • Purpose: Require that the stock has risen at least 8% over the last month.
   • Rationale:
     • A meaningful short‑term gain supports the idea that the stock has had a strong recent rally.
     • Strong recent gains plus high/medium RSI and price above MA20 together are classic conditions for a stock to be considered overbought or at least “heated.”

4. Sector: ['Consumer Non-Cyclicals', 'Consumer Cyclicals', 'Software & IT Services', 'Technology', 'Technology Equipment', 'Retailers', 'Industrial Goods', 'Industrial & Commercial Services']

   • Purpose: Focus on sectors where home security–related companies are most likely to be found.
   • Rationale:
     • Home security players often sit in:
       • Technology / Technology Equipment / Software & IT Services (smart home security systems, SaaS monitoring, IoT devices).
       • Consumer Cyclicals / Retailers / Consumer Non-Cyclicals (consumer-facing security products, cameras, alarm systems, smart locks sold through retail channels).
       • Industrial Goods / Industrial & Commercial Services (commercial and residential security hardware, installation and monitoring services).
     • This keeps the focus on industries that plausibly overlap with home security and smart home ecosystems while searching for overbought names.

5. Themes: ['Technology', 'The Internet of Things', 'Software as a Service', 'Home Improvement', 'Electronic Components', 'Consumer Electronics']

   • Purpose: Further refine to business themes strongly associated with home security and smart home systems.
   • Rationale:
     • The Internet of Things (IoT) and Consumer Electronics: many home security systems are IoT-enabled cameras, sensors, doorbells, locks, etc.
     • Home Improvement: covers companies involved in home infrastructure and upgrades where security products are sold or installed.
     • Software as a Service: subscription-based monitoring and management platforms for security systems.
     • Technology / Electronic Components: underlying hardware and tech behind cameras, sensors, connectivity, and smart devices.
     • Using themes in addition to sectors helps zoom in on companies that are more specifically aligned with home/security and smart-home ecosystems, not just generic tech or retail.

6. Listed Exchange: ['XNYS', 'XNAS', 'XASE']

   • Purpose: Limit results to major U.S. exchanges (NYSE, NASDAQ, NYSE American).
   • Rationale:
     • Aligns with your previous U.S.-focused search.
     • Ensures better liquidity, reporting standards, and data reliability compared to OTC or foreign exchanges.

Why Results Match Your Request

• You asked to “look for overbought companies” after previously looking for cheap/oversold home security plays.
• The new screen removes “cheap value” filters (like low P/E or P/S) and instead uses:
  • RSI (overbought/moderate)
  • Price above 20-day moving average
  • Minimum +8% 1‑month price performance
    Together, these are classic indicators of potentially overbought, momentum-driven stocks.
• Sector and theme filters are tailored to industries and themes where home security and smart/home‑security–adjacent companies are likely to exist, maintaining relevance to your original home security interest while shifting the focus from “cheap/oversold” to “strong/overbought.”