ARE QUANTUM STOCKS GOING DOWN

Screening Filters

1. monthly_average_dollar_volume ≥ 1,000,000

   • Purpose: Ensures the stocks are liquid enough to trade meaningfully.
   • Rationale: If we want to know whether quantum stocks are going down, it helps to focus on names with enough trading activity so the price moves are reliable and not just noise from very thin trading.

2. relative_vol ≥ 1.5

   • Purpose: Finds stocks experiencing above-normal trading volume.
   • Rationale: Rising volume often confirms that a move lower is being actively participated in by traders, which makes the screening more useful for identifying quantum stocks that are currently under pressure.

3. moving_average_relationship: PriceBelowMA20 and PriceBelowMA200

   • Purpose: Checks whether the stock is trading below both short-term and long-term trend lines.
   • Rationale: A stock below its 20-day moving average is weak in the short term, and below its 200-day moving average is weak in the broader trend. Together, these are strong signals that the stock is in a downtrend.

4. rsi_category = moderate

   • Purpose: Filters for stocks that are not extremely oversold or overbought.
   • Rationale: This helps avoid names that may already be so stretched to the downside that they are due for a rebound. It keeps the screen focused on stocks that are still weakening but not yet at extreme levels.

5. macd = bearish

   • Purpose: Identifies negative momentum.
   • Rationale: A bearish MACD suggests downside momentum is still in place, which fits the question of whether quantum stocks are going down.

6. month_price_change_pct ≤ 0

   • Purpose: Captures stocks that are flat or down over the past month.
   • Rationale: This directly targets quantum stocks that have recently lost value, making it highly relevant to the user’s question.

7. themes = Quantum Computing

   • Purpose: Restricts the screen to the quantum computing theme.
   • Rationale: This is the most important thematic filter because the user specifically asked about quantum stocks, so we want companies tied to quantum computing rather than the broader market.

8. ema_20 < ema_60

   • Purpose: Confirms short-term trend weakness versus intermediate-term trend.
   • Rationale: When the 20-day EMA is below the 60-day EMA, it typically signals bearish trend structure and supports the idea that the stock is losing momentum.

Why Results Match:

• The theme filter narrows the universe to quantum computing stocks specifically, which matches the user’s subject.
• The price-trend filters, momentum filters, and monthly price change filter collectively identify stocks that are actually declining or trending weaker.
• The volume filters help ensure the move is meaningful and being actively traded, not just a low-liquidity anomaly.
• Overall, these filters are well suited to finding quantum stocks that are currently under pressure and likely going down rather than simply being part of the quantum sector in general.