Screening Filters & Rationale
Price under $0.50:
- Purpose: Identify low-priced stocks that fit the user's budget.
- Rationale: Stocks under $0.50 are often volatile and can present high short-term growth opportunities.
Relative Volume above 0.8:
- Purpose: Focus on stocks with increased trading activity compared to their average.
- Rationale: Higher relative volume indicates heightened interest, which can signal potential price movement.
Price above 5-day Moving Average (PriceAboveMA5):
- Purpose: Select stocks showing short-term bullish momentum.
- Rationale: A price above the 5-day moving average suggests upward momentum, aligning with the goal of finding stocks likely to rise.
Weekly Price Change above -15%:
- Purpose: Avoid stocks with excessive recent declines.
- Rationale: Limiting the decline ensures the selection of stocks with some stability, reducing the risk of further sharp drops.
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.