The Comeback Signal
RSI(14) crosses above 30 from oversold while price above SMA50. Momentum reversal confirmed.
What does the Comeback signal detect?
Comeback marks the confirmation of a momentum recovery: the standard 14-day RSI crossing back above 30 after being oversold, on a stock still holding above its 50-day moving average. Where Bargain Hunter buys the flush, Comeback waits for evidence the flush is over.
How does Signal52 compute Comeback?
Three conditions: yesterday’s RSI(14) below 30, today’s RSI(14) at or above 30, and the close above the 50-day SMA. The cross itself is the event, so the signal fires once per recovery.
How should you read a Comeback signal?
The 50-day filter makes this a shallow-correction tool for stocks that got oversold on the indicator without ever surrendering intermediate support. Its modest weight reflects a modest edge. Read it as confirmation that a pullback has likely run its course, best paired with a same-day or next-day Action trigger for entry.
Action Signals in the Elite Score: Action signals are timing patterns: breakouts, volume events, momentum turns, confirmed entries. They answer whether something is happening right now. An Action trigger on a stock with strong DNA is the combination the Elite Engine is built to surface.
Which stocks show Comeback today?
6 of 1,292 screened stocks show Comeback as of .