{"id":137,"date":"2017-01-02T19:15:33","date_gmt":"2017-01-02T13:45:33","guid":{"rendered":"http:\/\/chartink.com\/articles\/?p=137"},"modified":"2017-01-02T19:21:12","modified_gmt":"2017-01-02T13:51:12","slug":"overbought-or-oversold-scan","status":"publish","type":"post","link":"https:\/\/chartink.com\/articles\/scanner\/overbought-or-oversold-scan\/","title":{"rendered":"RSI Overbought OR Oversold scan"},"content":{"rendered":"<p>Filter stocks that are <em><strong>either overbought(crossed below 70) OR oversold(crossed above 30)<\/strong><\/em> in a single scan.<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-99\" src=\"\/\/chartink.com\/articles\/wp-content\/themes\/chartink\/animated_images\/rsi_oversold_overbought.gif\" alt=\"Video for overbought OR oversold stocks\" width=\"602\" height=\"388\/\" \/><\/p>\n<h6><u>Steps to find Overbought OR Oversold stocks:<\/u><\/h6>\n<ol>\n<li>As we want\u00a0to filter stocks that have filtered either of the filters(overbought or oversold filter),<strong> click on the &#8216;All&#8217; keyword, and change it to &#8216;Any&#8217;<\/strong>\u00a0from the first sub-filter.<\/li>\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 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>Repeat steps 2-5 for a &#8220;crossed below&#8221; operation &amp; comparing it against a value of 70<\/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>Filter stocks that are either overbought(crossed below 70) OR oversold(crossed above 30) in a single scan. Steps to find Overbought OR Oversold stocks: As we want\u00a0to filter stocks that have filtered either of the filters(overbought or oversold filter), click on the &#8216;All&#8217; keyword, and change it to &#8216;Any&#8217;\u00a0from the first sub-filter. Click on the funnel() &hellip; <a href=\"https:\/\/chartink.com\/articles\/scanner\/overbought-or-oversold-scan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RSI Overbought OR 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\/137"}],"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=137"}],"version-history":[{"count":6,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts\/137\/revisions"}],"predecessor-version":[{"id":156,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/posts\/137\/revisions\/156"}],"wp:attachment":[{"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/media?parent=137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/categories?post=137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chartink.com\/articles\/wp-json\/wp\/v2\/tags?post=137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}