All stocks bullish divergence

Screening Filters

1. Market Capitalization (market_cap: {'min': '5000000000'}):

   • Purpose: To filter for stocks with a minimum market capitalization of $5 billion.
   • Rationale: Larger-cap stocks are generally more stable, liquid, and widely followed by analysts. This ensures that the results focus on well-established companies, reducing the likelihood of false signals or unreliable data that can sometimes occur with smaller-cap stocks.

2. Relative Volume (relative_vol: {'min': '2'}):

   • Purpose: To identify stocks with a relative volume of at least 2, meaning their current trading volume is at least twice their average volume.
   • Rationale: A high relative volume indicates increased investor interest and activity, which often accompanies significant price movements or technical patterns like bullish divergences. This ensures the stocks identified are experiencing meaningful market attention.

3. Weekly Average Turnover (weekly_average_turnover: {'min': '1000000'}):

   • Purpose: To filter for stocks with a minimum weekly average turnover of $1,000,000.
   • Rationale: This ensures that the stocks are sufficiently liquid, making them easier to trade and less prone to extreme price volatility caused by low liquidity. It also helps focus on stocks that are actively traded and relevant to most investors.

4. Technical Indicators (Identify stocks exhibiting a bullish divergence pattern, where the RSI_14 indicator shows an upward trend while the stock price is in a downward trend):

   • Purpose: To identify stocks exhibiting a bullish divergence pattern using the RSI_14 indicator.
   • Rationale: A bullish divergence occurs when the RSI (Relative Strength Index) starts to trend upward while the stock price continues to decline. This is often interpreted as a potential reversal signal, suggesting that the stock price may soon rise. Including this filter directly addresses the user's request to find stocks with a bullish divergence.

Why Results Match:

• The technical indicators filter directly addresses the user's query for "all stocks bullish divergence" by identifying stocks where the RSI_14 indicator shows a bullish divergence pattern. This is the core of the screening process.
• The market capitalization filter ensures that the results focus on larger, more reliable companies, which are less likely to produce false signals or unreliable patterns.
• The relative volume filter ensures that the stocks identified are experiencing significant trading activity, which often accompanies meaningful price movements and validates the technical pattern.
• The weekly average turnover filter ensures that the stocks are liquid and actively traded, making them practical for most investors to consider.

By combining these filters, the screener narrows down the universe of stocks to those that are not only exhibiting a bullish divergence but are also liquid, actively traded, and from well-established companies, making the results more actionable and relevant to the user's query.