Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated relative volume often signals increased interest or momentum, ideal for swing trading opportunities.
Weekly Average Turnover (min: 5,000,000):
- Purpose: Ensure sufficient liquidity for efficient entry and exit.
- Rationale: High turnover reduces the risk of slippage and ensures smoother trade execution.
RSI 14 (min: 40, max: 60):
- Purpose: Target assets in a neutral RSI range, avoiding overbought or oversold conditions.
- Rationale: Neutral RSI suggests potential for upward or downward movement, aligning with swing trading strategies.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Focus on assets with prices above their 20-day moving average.
- Rationale: This indicates a short-term bullish trend, suitable for swing trades.
Monthly Price Change Percentage (min: 5%):
- Purpose: Select assets with significant recent price movement.
- Rationale: A minimum 5% price change reflects momentum, increasing the likelihood of continued swings.
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.