Also under 50 moving avarage

Screening Filters

1. moving_average_relationship: PriceBelowMA20

   • Purpose: Find stocks whose current price is below their 20‑day moving average.
   • Rationale:
     • You requested: “tech stocks under 50 moving average” → this means stocks trading below their 50‑day moving average.
     • Our screener in this setup does not support the 50‑day moving average directly, so your colleague used the closest short‑term alternative that is available: the 20‑day moving average.
     • Being below the 20‑day MA still captures the idea of stocks that are weak in the short term (or pulling back) relative to their recent trend, which is conceptually similar to what you’d look for with a 50‑day MA, just on a somewhat shorter timeframe.

2. sector: Technology

   • Purpose: Restrict results to technology companies.
   • Rationale:
     • You explicitly asked for “tech stocks,” so filtering by the Technology sector ensures non‑tech names are excluded and the list stays aligned with your focus.

3. list_exchange: ['XNYS', 'XNAS', 'XASE']

   • Purpose: Limit results to stocks listed on major U.S. exchanges: NYSE (XNYS), NASDAQ (XNAS), and NYSE American (XASE).
   • Rationale:
     • This keeps the universe to well‑regulated, more liquid U.S. listings, which are typically easier to trade and research.

Why Results Match (and Where They Differ from Your Exact Request)

• Match with your intent:

  • “Tech stocks” → handled by the Technology sector filter.
  • “Under [a moving average]” → handled by PriceBelowMA20, correctly capturing the “under” (price below MA) part of your request.

• Difference from your exact wording:

  • You asked for “50 moving average,” but we’re using the 20‑day moving average because this screener configuration does not support a 50‑day MA filter.
  • The 20‑day MA is still a common short‑term trend indicator and provides a similar style of signal (short‑term weakness/pullback), even though it’s not the same timeframe as 50 days.

If you want, you can treat these results as a shorter‑term version of what you’d see with a 50‑day MA screen: still tech names trading below a key short‑term moving average, just with a faster‑reacting metric.