RSI(14) < 45 AND Stochastic %K(14, 3, 3) < 50 AND Close > 1.10 * Lowest(Low, 20) AND Volume > Average(Volume, 50) * 1.0 AND Close < 5 AND MACD Line(12, 26, 9) > Signal Line(12, 26, 9) AND Accum/Dist > SMA(Accum/Dist, 20)
8/17/2024 03:21am
The current time is Friday, 2024-08-16 15:21:42.
The query for screening oversold conditions with RSI, Stochastic, and MACD indicators, along with volume and price criteria, is as follows:
1. **RSI(14) 1.10 * Lowest(Low, 20)**
- The closing price is above 1.10 times the lowest price over the past 20 days. This condition implies that the asset has recovered from its lowest point and may be poised for a potential upward trend.
4. **Volume > Average(Volume, 50) * 1.0**
- The current trading volume is greater than the average volume over the past 50 days multiplied by 1.0. High volume can indicate increased market interest and potential for a trend reversal.
5. **Close Signal Line(12, 26, 9)**
- The MACD line is greater than the signal line, suggesting that the asset may be in an upward momentum. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a stock's price.
7. **Accum/Dist > SMA(Accum/Dist, 20)**
- The accumulation/distribution line is greater than its 20-day simple moving average. This condition can indicate a potential bullish reversal, as the accumulation/distribution line is used to identify trends and potential reversals.
The combination of these indicators and criteria can help identify potential buying opportunities in oversold conditions, while also considering volume and price levels. However, it's important to note that these conditions should be used in conjunction with other market analysis and risk management strategies.