Screening Filters & Rationale
Market Cap (300M - 2B):
- Purpose: To identify small-cap stocks within the defined capitalization range.
- Rationale: Small-cap stocks often have higher growth potential but fit within the user's breakout focus.
Relative Volume (Min 1.5):
- Purpose: To find stocks with significantly increased trading activity.
- Rationale: Elevated relative volume indicates heightened investor interest, often preceding breakouts.
New High (20-Day High):
- Purpose: To target stocks reaching new 20-day highs.
- Rationale: Stocks hitting new highs are often in strong upward momentum, aligning with breakout criteria.
Weekly Average Turnover (Min 1M):
- Purpose: To ensure sufficient liquidity for trading.
- Rationale: High turnover reduces the risk of illiquidity and ensures smoother trade execution.
Price Cross Above MA20:
- Purpose: To identify stocks where the price has crossed above the 20-day moving average.
- Rationale: This technical signal often indicates a bullish trend and potential breakout.
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.