This stock screener returns stocks quitting the overbought territory that have been settled the last 5 days : stock is above the 70 level of the RSI 10 periods and now quit by crossing under it.
Potential reversal to the mean or trend exhausting is the main idea.
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i1 = RSI[10](close) condition = i1[1]>70 AND i1[2]>70 AND i1[3]>70 AND i1[4]>70 AND i1[5]>70 AND i1 crosses under 70 SCREENER [condition] |
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