Screening Filters & Rationale
Beta (LowRisk):
- Purpose: To identify stocks with lower volatility compared to the market.
- Rationale: Low beta stocks are less likely to experience extreme price swings, aligning with a more stable investment approach.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To ensure sufficient liquidity in the selected stocks.
- Rationale: High turnover indicates active trading, making it easier to enter or exit positions without significant price impact.
Moving Average Relationship (PriceCrossAboveMA20, PriceCrossAboveMA200):
- Purpose: To identify stocks showing upward momentum after a reversal.
- Rationale: Price crossing above short-term (20-day) and long-term (200-day) moving averages signals a potential bullish trend.
Week Price Change Percentage (min: 0):
- Purpose: To filter for stocks with positive weekly price performance.
- Rationale: Positive price change confirms the stock is trending upward, consistent with the reversal theme.
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.