Screening Filters & Rationale
Price ($7-$12):
- Purpose: Focuses on stocks within a specific affordable price range.
- Rationale: Targets stocks that are accessible to a broader range of investors while avoiding penny stocks.
Price Change Percentage (≥10%):
- Purpose: Identifies stocks with significant positive price movement today.
- Rationale: Highlights stocks experiencing strong momentum, which may indicate increased investor interest or news-driven activity.
Relative Volume (≥7):
- Purpose: Filters for stocks with trading activity significantly above their average.
- Rationale: Ensures focus on stocks with heightened liquidity and potential market interest.
Shares Outstanding (≤3 million):
- Purpose: Targets companies with a smaller share float.
- Rationale: Smaller floats can lead to higher volatility and larger price swings, aligning with momentum-based strategies.
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.