Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest, which can drive short-term price movements.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Focus on stocks with high liquidity.
- Rationale: High turnover ensures ease of entry and exit, critical for short-term trading strategies.
RSI 14 (min: 30, max: 70):
- Purpose: Avoid overbought or oversold stocks.
- Rationale: RSI within this range suggests balanced momentum, reducing the risk of extreme price reversals.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price momentum.
- Rationale: Positive weekly price changes indicate upward trends, aligning with short-term growth objectives.
Tickers:
- Purpose: Narrow down to technology stocks meeting all criteria.
- Rationale: Ensures the selection aligns with the user's focus on the tech sector 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.