Screening Filters & Rationale
Market Cap (min: $500,000,000):
- Purpose: Focus on mid-to-large-cap stocks for stability and liquidity.
- Rationale: Larger market cap stocks are generally less volatile and more reliable for consistent performance.
Price Change Percentage (min: 7%):
- Purpose: Identify stocks with significant price momentum.
- Rationale: A 7%+ price increase indicates strong market interest and potential breakout performance.
Relative Volume (min: 2.5):
- Purpose: Highlight stocks with unusually high trading activity.
- Rationale: A relative volume above 2.5 suggests heightened investor attention and potential for sustained movement.
Weekly Average Turnover (min: $5,000,000):
- Purpose: Ensure sufficient liquidity for ease of trading.
- Rationale: High turnover reflects active trading and reduces the risk of illiquidity.
RSI 14 (min: 80):
- Purpose: Focus on overbought stocks with strong upward momentum.
- Rationale: An RSI above 80 signals strong bullish sentiment, often preceding continued gains.
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.