Screening Filters & Rationale
Relative Volume > 1.2:
- Purpose: Identify stocks with significantly higher trading activity compared to their average.
- Rationale: Elevated relative volume often signals increased interest or momentum, which can lead to high-probability trading opportunities.
Weekly Average Turnover > $1,000,000:
- Purpose: Ensure sufficient liquidity for efficient trade execution.
- Rationale: High turnover reduces the risk of slippage and ensures the stock is actively traded.
Bullish Gap-Up Pattern:
- Purpose: Focus on stocks showing strong upward momentum at market open.
- Rationale: Gap-ups often indicate positive news or strong buying pressure, aligning with bullish trading strategies.
Positive Weekly Price Change Percentage:
- Purpose: Select stocks with consistent upward price movement over the week.
- Rationale: Positive weekly performance reflects sustained bullish sentiment, increasing the likelihood of continued gains.
Optionable Status:
- Purpose: Include stocks with available options for additional trading strategies.
- Rationale: Optionable stocks provide flexibility for hedging or leveraging positions, enhancing trading opportunities.
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.