Screening Filters & Rationale
Price Change Percentage (price_change_pct: min -10, max 10):
- Purpose: Identify stocks with significant price movements within a manageable range.
- Rationale: This filter captures both upward and downward movers while excluding extreme outliers that may indicate abnormal volatility.
Relative Volume (relative_vol: min 1.5):
- Purpose: Focus on stocks with trading activity significantly higher than their average.
- Rationale: Elevated relative volume often signals increased investor interest or news-driven activity.
Weekly Average Turnover (weekly_average_turnover: min 1,000,000):
- Purpose: Ensure liquidity by selecting stocks with substantial weekly trading turnover.
- Rationale: High turnover indicates better liquidity, reducing the risk of price manipulation and ensuring ease of entry/exit.
Gap Pattern (GapUp, GapDown):
- Purpose: Highlight stocks with notable opening price gaps.
- Rationale: Gap patterns often indicate strong market sentiment or reaction to significant news/events.
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.