Screening Filters & Rationale
Price Change Percentage (min: 0):
- Purpose: Identify stocks with positive price movement.
- Rationale: Positive price changes indicate momentum, which is crucial for day trading opportunities.
Relative Volume (min: 1.2):
- Purpose: Focus on stocks with higher-than-average trading activity.
- Rationale: Elevated relative volume suggests increased interest and potential volatility, ideal for day trading.
Beta (ModerateRisk, HighRisk):
- Purpose: Target stocks with moderate to high market sensitivity.
- Rationale: Higher beta stocks tend to exhibit greater price swings, offering more opportunities for intraday profits.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for quick entry and exit.
- Rationale: High turnover minimizes slippage and ensures smoother trade execution.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased volatility and volume, aligning with day trading 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.