Best entry stocks

Screening Filters

1. Relative Volume > 1.5

   • Purpose: Finds stocks trading with above-normal activity.
   • Rationale: For a “best entry” setup, higher relative volume suggests stronger participation and more reliable price movement. It helps surface names that are actively being accumulated or reacting to a catalyst, which is especially useful when timing an entry near a breakout or rebound.

2. RSI Category: moderate, oversold

   • Purpose: Identifies stocks that are either mildly stretched or potentially washed out.
   • Rationale: This is appropriate for entry timing because oversold names can offer a favorable risk/reward if they are starting to stabilize, while moderate RSI can indicate the stock is not yet overextended. It helps avoid chasing stocks that are already too extended upward.

3. MACD: positive, bullish

   • Purpose: Confirms improving momentum.
   • Rationale: A positive or bullish MACD indicates that the stock’s trend is turning up or already supportive of a move higher. For an entry screen, this matters because you want candidates where momentum is aligning with the trade idea rather than weakening.

4. Moving Average Relationship: PriceCrossAboveMA5, PriceCrossAboveMA20, PriceAboveMA5, PriceAboveMA20

   • Purpose: Detects early trend reversal and confirmation above short- to intermediate-term averages.
   • Rationale: These filters are useful for finding stocks that have begun to regain strength after a pullback. A cross above or position above the 5-day and 20-day moving averages often signals improving trend structure and can help identify a technically cleaner entry point.

5. Support/Resistance Relationship: PriceAroundSupport, PriceAroundLowerBoll, PriceBreakResistance

   • Purpose: Targets stocks near support, near lower Bollinger Band, or breaking resistance.
   • Rationale: These are classic entry zones.
     • Around support: offers lower-risk entries with defined downside.
     • Around lower Bollinger Band: can indicate a stretched pullback or potential mean reversion setup.
     • Breaking resistance: captures momentum entries when the stock is starting a new leg higher.

6. News Driver: Positive

   • Purpose: Filters for stocks with favorable catalysts.
   • Rationale: Technical setups are often stronger when supported by positive news. This helps find stocks where price action may have a real fundamental or sentiment driver, increasing the odds that the move has follow-through.

7. Is Optionable: True

   • Purpose: Restricts results to stocks with listed options.
   • Rationale: This is useful if you want flexibility in how you enter or express the trade. Optionable stocks often have better liquidity and allow for defined-risk strategies, which can be important when choosing “best entry” setups.

Why Results Match:

• The filters are designed to find stocks that are showing improving momentum, near a favorable technical entry zone, and supported by positive catalysts.
• Relative volume and positive news help ensure the stock has real interest and potential follow-through.
• RSI, MACD, and moving averages help confirm the stock is not just random noise, but actually starting to trend in the right direction.
• Support/resistance filters focus the screen on low-risk entry points rather than late-stage moves.
• Optionability adds trade flexibility, which is helpful if you want to structure the entry more carefully.

For TE specifically, these filters would be aimed at finding whether it has a clean reversal, breakout, or support-based entry, rather than simply identifying any stock with short-term strength.