In a downtrend, rallies are selling opportunities. Short sellers wait for a weak stock to bounce into overbought territory below a falling 200-day average before entering. This screen lists stocks on European exchanges whose 14-day RSI is above 65 while the price is below a falling 200-day moving average, most overbought first. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
