Screening Filters & Rationale
Market Cap >= $75 billion:
- Purpose: Focus on large-cap companies with established market presence.
- Rationale: Large-cap stocks tend to be more stable and less volatile, aligning with long-term investment strategies.
Weekly Average Turnover >= $8 million:
- Purpose: Ensure sufficient liquidity for easy entry and exit.
- Rationale: High turnover indicates strong investor interest and reduces the risk of illiquid positions.
P/E TTM between 12 and 20:
- Purpose: Identify fairly valued companies with reasonable growth potential.
- Rationale: This range avoids overvalued stocks while focusing on companies with sustainable earnings.
RSI (14) between 40 and 60:
- Purpose: Target stocks in a neutral momentum phase.
- Rationale: This range avoids overbought or oversold conditions, reducing the risk of extreme price movements.
Monthly Price Change >= 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Positive price trends indicate potential upward momentum or stability in the market.
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.