Screening Filters & Rationale
Price Change Percentage (min: 2%):
- Purpose: Identify stocks with significant intraday price movements.
- Rationale: Stocks with at least a 2% price change are more likely to provide profitable opportunities for day traders.
Relative Volume (min: 1.2):
- Purpose: Focus on stocks with higher-than-average trading activity.
- Rationale: A relative volume above 1.2 indicates increased market interest, which often leads to better liquidity and volatility.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient trading volume for easy entry and exit.
- Rationale: High turnover minimizes the risk of illiquidity, which is crucial for day trading strategies.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often exhibit strong momentum, making them ideal for short-term trading opportunities.
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.