Screening Filters & Rationale
Price (max: $10):
- Purpose: To identify stocks that are affordable and meet the user's budget constraint.
- Rationale: Stocks under $10 are often attractive to retail investors seeking low-cost opportunities.
Relative Volume (min: 1.5):
- Purpose: To focus on stocks with significantly higher trading activity than usual.
- Rationale: Elevated relative volume indicates increased market interest, which could signal potential price movement.
RSI 14 (min: 30, max: 70):
- Purpose: To target stocks that are neither overbought nor oversold.
- Rationale: RSI within this range suggests balanced momentum, reducing the risk of extreme volatility.
Weekly Price Change Percentage (min: 0):
- Purpose: To select stocks with positive price momentum over the past week.
- Rationale: Positive weekly performance indicates upward momentum, aligning with short-term growth strategies.
Is Trending (True):
- Purpose: To identify stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased demand, which can drive short-term price appreciation.
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.