I Built a Stock Scanner with Python and RSI Signals — Here is What I Learned

I Built a Stock Scanner with Python and RSI Signals — Here is What I Learned As a developer interested in finance, I've been experimenting with building tools to analyze stock markets using technical indicators. In this article, I'll share my experience of creating a simple stock scanner using Python that utilizes Relative Strength Index (RSI) signals. What is the Relative Strength Index (RSI)? The RSI is a popular momentum indicator developed by J. Welles Wilder in 1978. It measures the magnitude of recent price changes to determine overbought or oversold conditions. The RSI is plotted on a scale from 0 to 100, with values below 30 indicating an oversold condition and above 70 indicating an overbought condition. Why use RSI? The RSI has several advantages: It's easy to understand and calculate. It's widely used in the market, so there's plenty of data available for analysis. It can be used as a standalone indicator or combined with other indicators for more robust signals. However, th