Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates strong investor interest, which can lead to short-term price movements.
Beta (High Risk):
- Purpose: Focus on high-beta stocks that are more volatile than the market.
- Rationale: High-beta stocks tend to experience larger price swings, offering potential for quick profits.
RSI 14 (min: 30, max: 70):
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: Stocks within this RSI range are in a neutral momentum zone, reducing the risk of immediate reversals.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price momentum over the past week.
- Rationale: Positive weekly performance suggests upward momentum, aligning with short-term profit goals.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased demand, which can drive short-term price increases.
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.