Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume indicates increased investor interest, which may signal potential price movement.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Focus on stocks with substantial liquidity.
- Rationale: High turnover ensures ease of entry and exit, reducing the risk of price slippage.
RSI 14 (min: 30, max: 70):
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: RSI within this range suggests balanced momentum, avoiding extreme price conditions.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price performance over the past week.
- Rationale: Positive weekly change indicates upward momentum, aligning with growth-focused strategies.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased demand, which can drive price appreciation.
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.