
Yah! you're right. An oversold stock can become more oversold and remain that way for some time.
I use oversold condition to pay more attention to the stock.
BTW, I've switched to using williams %R instead of RSI because i think W%R is more sensitive to price changes. RSI is slow to change.
RSI < 30% means oversold. But oversold can become more oversold. RSI may drop to 10% before the stock rebounds. The same is true for overbought.
hey all,
Wah! hehehe... my oversold and overbought lists are very popular... 300+ views!
ok ... I will post again later tonight.
keep it up pikachu!
thanks!! great stuff!!
Hey all,
I decided to post using Williams %R method instead of RSI because W%R is more sensitive than RSI.
-- FILTERS APPLIED--
Williams %R = Oversold
Price < $20
Volume > 1000000
--- RESULTS ---
Total Stocks Found = 47
(0)AirOcean (A21)
(1)Anwell (A70)
(2)AsianMic (585)
(3)ASL Marine (A04)
(4)BeautyChina (B15)
(5)Bio-TreatBNPeCW60421 (B29W)
(6)CapitaComm (C61U)
(7)ChinaEntSp (5AH)
(8)ChinaMilk (G86)
(9)Contel (F75)
(10)CoscoCorpBNPeCW60203 (E43W)
(11)CoscoCorpMBLeCW60711 (G65W)
(12)DatacrftUS$ (D06)
(13)DMX Tech (5CH)
(14)Gen Int (G13)
(15)HSI15200SGAePW060126 (H74W)
(16)HSI15400SGAePW060629 (H48W)
(17)HSI15800SGAePW060629 (H88W)
(18)Hyflux (600)
(19)Japan Land (W14)
(20)LabroyMarBNPeCW60623 (L33W)
(21)LMA (L24)
(22)MacqIntInfra (M41)
(23)MapletreeLog (M44U)
(24)MemoryD (M45)
(25)MMI (M29)
(26)New Wave W100303 (5FZW)
(27)New Wave (5FX)
(28)Nikkei225SGAePW60608 (N29W)
(29)Noble GrpDBeCW060703 (N07W)
(30)Pearl Energy (P38)
(31)Pharmesis (P31)
(32)Reyoung (R12)
(33)SembMar BNPeCW060216 (V65W)
(34)SembMar BNPeCW060623 (X52W)
(35)SembMar MBLeCW060605 (X19W)
(36)Sing Tel DBeCW060626 (W44W)
(37)Sing TelMBLeCW060505 (W24W)
(38)SPH DB eCW060206 (U88W)
(39)ST Engg (S63)
(40)StamfordTyres (S29)
(41)STI 2450SGAePW060629 (X33W)
(42)STI 2500SGAePW060928 (Y13W)
(43)Sunray (S38)
(44)SuperCof (S10)
(45)Teledata (T28)
(46)Wee Poh (551)