Screening Filters & Rationale
Market Cap ≥ $300M:
- Purpose: Focus on companies with sufficient size and stability.
- Rationale: Larger market cap reduces risk associated with smaller, more volatile companies.
Relative Volume ≥ 1.2:
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals heightened investor interest and potential price movement.
RSI (14) ≤ 50:
- Purpose: Target stocks that are not overbought and may have room for upward movement.
- Rationale: A lower RSI suggests potential undervaluation or consolidation before a price increase.
Is Trending = True:
- Purpose: Select stocks currently gaining momentum in the market.
- Rationale: Trending stocks often attract more attention, increasing the likelihood of short-term ROI.
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.