Screening Filters & Rationale
Market Cap >= $10 billion:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap companies tend to be more stable and attract institutional investors, aligning with bullish momentum.
Relative Volume >= 1.5:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often signals strong investor interest and potential price movement.
RSI (14) between 50 and 70:
- Purpose: Target stocks in a moderate bullish trend without being overbought.
- Rationale: RSI in this range suggests upward momentum while avoiding overextended conditions.
Price Above 20-Day Moving Average:
- Purpose: Select stocks with current prices trending above short-term averages.
- Rationale: This indicates a bullish trend and potential for continued upward movement.
Weekly Price Change >= 0%:
- Purpose: Ensure stocks have shown positive or stable performance over the past week.
- Rationale: Positive weekly performance confirms recent bullish sentiment.
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.