Screening Filters
rsi_category: ['moderate', 'oversold']
- Purpose: To find stocks that are not in an overbought technical condition.
- Rationale:
- “Overbought” is most commonly defined using the Relative Strength Index (RSI).
- Typically:
- Overbought: RSI high (e.g., > 70)
- Moderate/Neutral: Mid-range RSI (e.g., 40–60 or similar band)
- Oversold: RSI low (e.g., < 30)
- By explicitly choosing only ‘moderate’ and ‘oversold’ RSI categories, the screener:
- Excludes stocks that are flagged as “overbought”
- Includes stocks that are either:
- trading in a healthy, non-stretched range (moderate), or
- potentially beaten down and due for a rebound (oversold)
- This directly answers your request: “stocks in the US market that are not overbought.”
list_exchange: ['XNYS', 'XNAS', 'XASE']
- Purpose: To restrict results to major U.S. stock exchanges.
- Rationale:
XNYS = New York Stock Exchange (NYSE)
XNAS = Nasdaq
XASE = NYSE American (formerly AMEX)
- Your question explicitly refers to the US market, so limiting to these three exchanges:
- Removes foreign listings and OTC names
- Keeps results aligned with the main U.S. equity markets that most traders and investors focus on.
Why Results Match Your Request
- You asked for US stocks that are not overbought:
- “Not overbought” is operationalized using RSI, which is the standard technical indicator for identifying overbought/oversold conditions.
- By selecting only RSI categories ‘moderate’ and ‘oversold’, the screener explicitly filters out overbought names.
- Limiting exchanges to XNYS, XNAS, XASE ensures all results are U.S.-listed stocks, matching your “US market” requirement.
So the filters used do match your intent, even though you didn’t name RSI directly—they implement the “not overbought” condition through a widely accepted technical measure.
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.