Screening Filters & Rationale
Market Cap >= $10 billion:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap stocks are generally more stable and less volatile, aligning with long-term growth or stability-focused strategies.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure high liquidity for ease of buying and selling.
- Rationale: High turnover indicates strong investor interest and reduces the risk of illiquid positions.
RSI (14) between 30 and 70:
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, avoiding extreme price movements that could indicate instability.
Monthly Price Change >= 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Positive price change reflects upward momentum or resilience, aligning with growth-oriented strategies.
Is Trending = True:
- Purpose: Identify stocks currently gaining market attention.
- Rationale: Trending stocks often have strong catalysts or news driving their performance, making them attractive for short-term 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.