RSI bouncing from oversold.
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The Relative Strength Index (RSI) compares average upward price changes to average downward price changes over a fixed lookback period. RSI(14) uses 14 bars; at the 1-Min timeframe, that covers roughly 3.5 hours of price history. The oscillator runs 0 to 100, with values below 30 defined as oversold. The "crosses above 30" condition fires on the single bar where RSI moves from below 30 to above it — the bar prior must have RSI below 30, the current bar must be above. The screen does not require RSI to have been oversold for any minimum duration; a single bar below 30 followed by a cross qualifies.
The 1-Min RSI bounce is a mid-speed signal: faster than the hourly or daily version, less noisy than the 1-minute. It's most useful in stocks that have pulled back against a larger uptrend where the RSI dip below 30 reflects a temporary move rather than structural weakness. The main failure mode is a "bounce into resistance": price briefly recovers, RSI crosses above 30, but the stock immediately encounters overhead supply and rolls back into oversold territory. A second failure is the extended downtrend, where RSI crosses above 30 multiple times on the way down, producing repeated false bounce signals. Traders commonly require that price holds above the signal bar's low for at least two subsequent bars, or that volume expands on the recovery candle, before entering. For a compounded version with prior capitulation confirmation, see RSI Oversold Bounce + Capitulation. For the sustained oversold condition without a bounce requirement, see RSI Oversold Extreme.
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This screener finds stocks where the Relative Strength Index has just crossed above 30 on the 1-Min chart — the standard signal that oversold momentum may be reversing. When RSI(14) rises from below 30 to above it, it marks the specific bar where the recent selling pace has begun to slow relative to buying. Swing traders use this screen to time entries in pullbacks within uptrends; contrarian day traders use it to catch short-term bounces in beaten-down names. Common searches: "RSI 30 bounce setup," "oversold cross stocks today."
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