Stochastic RSI oversold
Stochastic RSI under 20 in a stock above its 200-day average. The twitchiest oversold reading available.
Stochastic RSI runs the stochastic formula on RSI itself, which makes it the most sensitive of the standard oscillators. It hits its extremes on dips that ordinary RSI barely registers. I treat it as a shortlist builder and nothing more, because it fires often. The 200-day filter keeps it pointed at healthy stocks having a bad week, which is the only context where buying an oversold reading has an edge. Read the guide: RSI screener guide for NSE stocks →
More reversals:RSI oversold turning upRSI overboughtGolden crossDeath crossMACD bullish crossover
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