{"id":132,"date":"2016-12-31T17:53:10","date_gmt":"2016-12-31T12:23:10","guid":{"rendered":"http:\/\/chartink.com\/articles\/?p=132"},"modified":"2017-01-02T19:21:27","modified_gmt":"2017-01-02T13:51:27","slug":"oversold-scan","status":"publish","type":"post","link":"https:\/\/chartink.com\/articles\/scanner\/oversold-scan\/","title":{"rendered":"RSI Oversold scan"},"content":{"rendered":"<p>List stocks\u00a0that have their RSI(14 day) change its zone from <em><strong>&#8220;below\/equals&#8221; 30 yesterday to &#8220;above&#8217; 30\u00a0today(crossed above 30)<\/strong><\/em>, indicating they are likely to see\u00a0an upmove ahead.<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-99\" src=\"\/\/chartink.com\/articles\/wp-content\/themes\/chartink\/animated_images\/rsi_oversold.gif\" alt=\"\" width=\"604\" height=\"351\/\" \/><\/p>\n<h6><u>Steps to find Oversold stocks:<\/u><\/h6>\n<ol>\n<li>Click on the funnel(<img src=\"\/images\/scanner\/rule_component_add.png\" \/>) and select the RSI indicator from the pull-down menu.<\/li>\n<li>Select the <a href=\"http:\/\/chartink.com\/articles\/scanner\/scanner-user-guide\/#offsets\">offset<\/a>(Latest) and specify the duration (which is by default 14 days for RSI). You can change both the offset and the duration as per your requirements by clicking on them.<\/li>\n<li>Click on the next icon(&#8230;) and select the &#8216;<a href=\"http:\/\/chartink.com\/articles\/scanner\/scanner-user-guide\/#crossovers\">Crossed above&#8217;<\/a> operation, as we want to find out the oversold stocks crossing above 30 (meaning RSI having a value below\u00a0 30 for the past day but above 30 for today).<\/li>\n<li>The <a href=\"http:\/\/chartink.com\/articles\/scanner\/scanner-user-guide\/#number_constant\">number constant<\/a> selected by default is 50, which is changed to 30 for oversold stocks.<\/li>\n<li>Run the scan by clicking on &#8216;Run Scan&#8217; button.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>List stocks\u00a0that have their RSI(14 day) change its zone from &#8220;below\/equals&#8221; 30 yesterday to &#8220;above&#8217; 30\u00a0today(crossed above 30), indicating they are likely to see\u00a0an upmove ahead. Steps to find Oversold stocks: Click on the funnel() and select the RSI indicator from the pull-down menu. Select the offset(Latest) and specify the duration (which is by default &hellip; <a href=\"https:\/\/chartink.com\/articles\/scanner\/oversold-scan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RSI Oversold scan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts\/132"}],"collection":[{"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/comments?post=132"}],"version-history":[{"count":7,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts\/132\/revisions"}],"predecessor-version":[{"id":157,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts\/132\/revisions\/157"}],"wp:attachment":[{"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/media?parent=132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/categories?post=132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/tags?post=132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}