Screening Filters & Rationale
RSI Category: Oversold:
- Purpose: Identify stocks with a Relative Strength Index (RSI) indicating potential downward momentum.
- Rationale: An oversold RSI suggests bearish sentiment, aligning with short-selling strategies.
Relative Volume: Minimum 1.5:
- Purpose: Focus on stocks with trading activity significantly above their average volume.
- Rationale: High relative volume often signals increased market interest, which can amplify price movements.
Short Ratio: More Than 30%:
- Purpose: Target stocks with a high percentage of shares already sold short.
- Rationale: A high short ratio indicates strong bearish sentiment, making them potential short-selling candidates.
Moving Average Relationship: Price Below MA200:
- Purpose: Select stocks trading below their 200-day moving average.
- Rationale: This filter identifies stocks in a long-term downtrend, supporting a bearish outlook.
Option Sentiments: Bearish:
- Purpose: Highlight stocks with negative sentiment in the options market.
- Rationale: Bearish option activity often reflects expectations of further price declines.
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.