Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identifies stocks with trading activity significantly higher than their average.
- Rationale: High relative volume often indicates increased investor interest, which can precede significant price movements.
RSI 14 (min: 30, max: 70):
- Purpose: Filters for stocks that are neither overbought nor oversold.
- Rationale: Ensures the stock is in a neutral momentum zone, reducing the risk of extreme volatility.
Weekly Price Change Percentage (min: 0):
- Purpose: Focuses on stocks with positive price momentum over the past week.
- Rationale: Positive weekly performance can signal upward trends and investor confidence.
Is Trending (True):
- Purpose: Highlights stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased demand, which can drive price increases.
Option Unusual Activity (True):
- Purpose: Detects stocks with abnormal options trading activity.
- Rationale: Unusual options activity can indicate insider knowledge or significant upcoming events impacting the stock.
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.