Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than average.
- Rationale: High relative volume often indicates strong interest or momentum, which can lead to short-term price movements.
RSI 14 (min: 30, max: 70):
- Purpose: Focus on stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the risk of extreme price reversals.
Price Above MA20:
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: Indicates a short-term uptrend, aligning with the goal of short-term gains.
Weekly Price Change % (min: 0):
- Purpose: Ensure stocks have shown positive price movement over the past week.
- Rationale: Positive weekly performance suggests recent upward momentum.
Is Trending (True):
- Purpose: Highlight stocks currently experiencing upward trends.
- Rationale: Trending stocks are more likely to continue their momentum in the short term.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.