Screening Filters & Rationale
Market Cap ≥ $10 billion:
- Purpose: Focus on large-cap stocks for stability and reduced volatility.
- Rationale: Large-cap stocks are typically more resilient and align with long-term growth or income strategies.
Relative Volume ≥ 1.5:
- Purpose: Identify stocks with significant trading activity compared to their average.
- Rationale: High relative volume indicates increased investor interest, often tied to news or events driving price movement.
Weekly Average Turnover ≥ 1,000,000:
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: High turnover reflects active trading, reducing the risk of price slippage.
Gap Pattern: Gap Up:
- Purpose: Target stocks showing strong premarket price increases.
- Rationale: A gap-up often signals positive sentiment or news, which could lead to further upward momentum.
Weekly Price Change ≥ 10%:
- Purpose: Focus on stocks with strong recent performance.
- Rationale: A significant price increase over the week suggests strong bullish trends or catalysts.
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.