Oversold bullish engulfing
An up candle engulfed the prior down candle with RSI below 40.
- Avg daily value traded (RM) > 100000
Delayed prices, last session Fri, 6 Nov
Definition
RSI(14) < 40 AND REF(close, 1) < REF(open, 1) AND close > open AND open <= REF(close, 1) AND close >= REF(open, 1)Evaluated on each stock's daily history. The condition must hold on the latest session.
Matches as of 6 Nov 2026
Customise in the builderTrack record
What happened after this screener fired over the past 3 years: 1,875 signals across the market. Each signal counts once, only on stocks trading at least RM100k a day at the time, with entry at the next session's open.
Historically about the same as picking any liquid stock.
| This screener | Any liquid stock | |
|---|---|---|
| Beat the KLCI over 20 days | 40.2% | 43.1% |
| Higher after 20 days | 37.7% | 41.9% |
| Median 20-day return | −1.59% | −0.43% |
| Median return vs KLCI | −1.86% | −1.10% |
| Median 5-day return | 0.00% | 0.00% |
Past signals don't predict future returns. Counters that have since delisted are missing, which flatters every result slightly. Many Bursa stocks don't move at all in 20 days, so “higher” stays below 50% even for random picks.