This screen lists stocks on US OTC markets whose 14-day Relative Strength Index (RSI) is below 30. RSI measures the speed of recent price moves on a 0-100 scale, and a reading under 30 suggests selling may be overdone. Oversold stocks can bounce sharply, but in a strong downtrend RSI can stay low for weeks, so many traders wait for RSI to turn back up or for a reversal candle. OTC stocks trade outside the major exchanges and are often thinly traded penny stocks; the list covers US OTC stocks with at least $100,000 in average daily trading value.
