Stocks which are bullish in nasdaq 100 index and may go up tomorrow

Screening Filters

1. Filter: is_index_component = ['NDX']

   • Purpose: To focus on stocks that are part of the Nasdaq 100 index.
   • Rationale: The user specifically asked for stocks within the Nasdaq 100 index. By applying this filter, the screener ensures that only stocks from this index are considered, excluding stocks from other indices or markets.

2. Filter: option_sentiments = ['Bullish']

   • Purpose: To identify stocks with a bullish sentiment in the options market.
   • Rationale: Bullish option sentiment indicates that traders in the options market are expecting the stock price to rise. This aligns with the user's request for stocks that "may go up tomorrow," as bullish sentiment can be a leading indicator of positive price movement.

3. Filter: technical_indicators = 'Price is above the 20-day moving average (MA20) and the 14-day Relative Strength Index (RSI) is above 50.'

   • Purpose: To select stocks that are showing strong technical momentum.
   • Rationale:
     • A price above the 20-day moving average (MA20) suggests that the stock is in an uptrend over the short term.
     • An RSI above 50 indicates that the stock has positive momentum and is not in oversold territory.
       Together, these indicators help identify stocks that are technically strong and have a higher probability of continuing their upward trend.

4. Filter: relative_vol = {'min': '1.5'}

   • Purpose: To focus on stocks with higher-than-average trading activity.
   • Rationale: A relative volume (RVOL) of 1.5 or higher means the stock is trading at least 1.5 times its average daily volume. Increased trading volume often signals heightened investor interest, which can precede significant price movements. This aligns with the user's interest in stocks that may experience upward momentum soon.

Why Results Match:

• The filters collectively ensure that the stocks identified are part of the Nasdaq 100 index, which is the specific market the user is interested in.
• By combining bullish option sentiment, strong technical indicators, and high relative volume, the screener narrows the results to stocks that are more likely to experience upward price movement in the near term.
• The technical and sentiment-based filters complement each other, providing a balanced approach to identifying stocks with both fundamental (sentiment) and technical (price action) strength.
• The relative volume filter ensures that the selected stocks are currently attracting significant market attention, which increases the likelihood of short-term price action.

This combination of filters is well-suited to address the user's query for "stocks which are bullish in Nasdaq 100 index and may go up tomorrow."