Screening Filters & Rationale
Market Cap ≥ $500M:
- Purpose: Focus on established companies with sufficient liquidity for short-term trading.
- Rationale: Larger market cap stocks tend to have lower volatility and tighter spreads, making them more suitable for short-term strategies.
Relative Volume ≥ 1.2:
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals heightened interest or news, which can drive short-term price movements.
RSI (14) between 20 and 80:
- Purpose: Avoid overbought or oversold stocks to focus on those with balanced momentum.
- Rationale: Stocks within this RSI range are less likely to experience extreme reversals, aligning with short-term trading goals.
Weekly Price Change ≥ -2%:
- Purpose: Target stocks with minimal recent losses to reduce downside risk.
- Rationale: Stocks with limited recent declines may have stronger short-term recovery potential.
Trending Stocks:
- Purpose: Focus on stocks currently gaining attention in the market.
- Rationale: Trending stocks often exhibit momentum, which can lead to short-term price gains.
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.