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Stocks Screener - RSI Bearish Divergence

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Weekly RSI Divergence:Bearish
Number of records: 29
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- 4/5/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
ALL 172.82-0.11%82.4577.50 11 120 3 Add to Watch List
AMP 434.81-0.83%59.3683.23 11 71 4 04/05/24	Bullish  Harami
04/04/24	Bearish  Long Red Real Body
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APH 117.381.76%61.8181.50 8 92 2 Add to Watch List
BAC 37.11-2.14%52.2478.20 11 91 5 Add to Watch List
BK 56.74-1.53%61.2874.33 11 71 3 Downtrend Broken Resist.Add to Watch List
BSX 68.560.10%61.5483.26 4 61 2 Add to Watch List
C 61.60-2.59%59.4479.00 11 91 5 04/05/24	Bullish  Piercing Line
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CAT 379.303.51%79.7785.81 9 121 1 04/04/24	Bearish  Dark Cloud Cover
04/03/24	Bullish  Long White Real Body
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DFS 125.86-3.99%49.0676.41 11 96 3 Uptrend Broken SupportAdd to Watch List
EWG 31.35-1.26%44.3880.27 7 Downtrend Broken Resist.04/04/24	Bearish  Long Red Real Body
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Relative Strength Index (RSI Indicator)

The Relative Strength Index is a popular momentum oscillator, developed by Welles Wilder, Jr. It is one of the most widely used technical indicators. Relative Strength Index compares upward vs. downward movements in closing over a selected period. The RSI Indicator fluctuates from 0% to 100%. A stock with RSI Indicator higher than 70% is considered overbought and lower than 30% - oversold. A good rule is to adjust overbought/oversold index range to 80% in bull and to 20% in bear markets. Relative Strength Index can provide an early warning, but not the final signal. It should be used in conjunction with other stock picking techniques. The divergence between RSI Indicator and underlying stock price is the most important signal provided by RSI, and it can be an indication of an impending reversal. Using the RSI divergence (bullish and bearish), chart patterns, trendlines, support, and resistance lines along with the RSI Indicator chart can be very useful.
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