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RSI Stock Screener
RSI Stock Screener scans the stock market based on the relative strength index or the RSI indicator. You can find trade setups such as
Oversold Stocks, or overbought stocks based on the RSI indicator using RSI Screener.
You also have the option to find stocks with a custom RSI value as well as the RSI direction, whether RSI is going up or going down.
To combine RSI with other technical indicators,
check out our technical stock screener.
If you are stock market beginner, check out Swing Trading Strategy.
Select an RSI value and start using the powerful RSI stock scanner to find stocks to watch today.
RSI Below 10
RSI Below 20
RSI Below 30
RSI Below 50
RSI Ablove 50
RSI Ablove 70
RSI Ablove 80
RSI Ablove 90
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RSI Trading Strategy
When the RSI is below 30, a stock is considered oversold whereas a stock is overbought when the RSI indicator is above 70.
It is important to note that when a stock is overbought by the RSI indicator, it doesn't necessary means it is time to sell because a trending stock can stay in
the overbought zone for a long time. For instance, the daily chart of SHOP showing the RSI indicator as overbought in January and it stays overbought throughout
the month while its stock price climbed from low $400 to almost $500.
Try Smart Scan for profitable trade setups
The daily stock chart of JPM is showing oversold (RSI below 30) in March, while its stock price kept declining to new lows.
The above two charts show us it is not a good idea to use the RSI indicator to enter and exit trade based the overbought and oversold signal.
A better way to find entry signal is to combine the RSI indicator with MACD or other technical indicators that you prefer.
Let's look at JPM again, instead of buying the stock when it dips below 30, we will watch the stock when it rises above 30.
We will then wait for the MACD to crossover and buy the stock when both the RSI and MACD is showing strength.
The RSI rises above 30 in March, and the MACD crossover in late March 26, this is when we go long on this stock.
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RSI Below 10
RSI Below 35
RSI Below 70
RSI Below 50
RSI Ablove 60
RSI Ablove 40
RSI Ablove 30
RSI Ablove 20
RSI Ablove 55
RSI Ablove 85