Screening Filters & Rationale
Market Cap (min: $10 billion):
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap stocks typically have higher liquidity and stability, aligning with high-volume trading goals.
Relative Volume (min: 1.5):
- Purpose: Identify stocks with significantly increased trading activity.
- Rationale: A relative volume above 1.5 indicates heightened interest, which often correlates with strong market movements.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure stocks have consistently high trading activity.
- Rationale: High turnover reflects active participation, making these stocks suitable for short-term trading strategies.
Weekly Price Change Percentage (min: 2%):
- Purpose: Highlight stocks with notable price momentum.
- Rationale: A minimum 2% price change suggests strong trends, which can be advantageous for momentum-based strategies.
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.