Relative Strength Index

Filters

  • 📈 Market Cap: Over $300M.

  • ⚙️ RSI (Relative Strength Index): Sorted in descending order.

Explanation

  • RSI (Relative Strength Index): RSI is a momentum oscillator that measures the magnitude of recent price changes to evaluate whether a stock is overbought or oversold. The RSI ranges from 0 to 100.

    • High RSI (typically above 70): This suggests that a stock may be overbought, implying that it might be trading at a price higher than its intrinsic value and there's a potential risk of a price pullback.

    • Low RSI (typically below 30): This indicates that a stock may be oversold, meaning it might be trading at a price lower than its intrinsic value and there could be a potential for price reversal or bounce back.