Understand before you act
Oversold, explained
Recent losses dominate recent gains. Selling pressure is strong; a rebound is possible, but further falls are possible too.
How Index Screener uses it
RSI (14)
The daily RSI (14) is strictly below 30. A reading of exactly 30 does not activate this badge.
What it helps you assess
Find weak momentum worth monitoring for recovery, rather than assume the index is cheap.
What it cannot tell you
A falling market can remain oversold. This badge does not identify the bottom.
Before an entry or exit
These are learning examples to build your own checklist. They are not tested trading rules or personalized recommendations.
Look for confirmation
A recovery checklist could require RSI to regain 30 and the index to reclaim support or its 20-period average. Decide the level that would invalidate the recovery before entering.
Follow your risk plan
If a recovery position breaks its planned invalidation level, reassess it. Oversold conditions alone are not a reason to keep adding to a losing position.
Keep learning
Further reading
References explain the indicators. Site rules and the example checklists above are described by Index Screener.