Screening Filters & Rationale
Price (max: $3):
- Purpose: To identify stocks priced under $3, aligning with the user's preference for low-cost investments.
- Rationale: Low-priced stocks can offer significant upside potential for value or momentum-driven strategies.
Relative Volume (min: 1.2):
- Purpose: To focus on stocks with trading activity at least 20% higher than their average volume.
- Rationale: Increased trading volume often signals heightened investor interest and potential bullish momentum.
Moving Average Relationship (PriceCrossAboveMA5):
- Purpose: To identify stocks where the price has recently crossed above the 5-day moving average.
- Rationale: This is a common bullish signal indicating potential upward momentum in the short term.
Weekly Price Change Percentage (min: 0%):
- Purpose: To filter for stocks that have shown positive or stable price performance over the past week.
- Rationale: Positive weekly performance suggests recent strength and aligns with a bullish outlook.
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.