Bullish stocks

Screening Filters

1. RSI Category: “Moderate”

   • Purpose: Focus on stocks that are bullish but not extremely overbought.
   • Rationale:
     • RSI (Relative Strength Index) measures momentum on a 0–100 scale.
     • Extremely high RSI (e.g., 70–80+) can indicate overbought conditions and a higher risk of short‑term pullback.
     • By choosing moderate RSI, the screener targets stocks that are showing strength (bullish momentum) without being at an extreme level where a reversal is more likely.
     • This fits a “bullish but not overheated” profile.

2. Moving Average Relationship: PriceAboveMA20

   • Purpose: Capture stocks in a short-term uptrend.
   • Rationale:
     • The 20-day moving average is a common short‑term trend indicator.
     • When price is above its 20‑day MA, it suggests recent price action is stronger than the near‑term past, which is a bullish technical signal.
     • This filter ensures the stock is currently trading with positive short‑term momentum.

3. Moving Average Relationship: PriceAboveMA200

   • Purpose: Ensure the stock is in a long-term uptrend, not just a short-lived bounce.
   • Rationale:
     • The 200-day MA is a widely-watched long‑term trend line.
     • Price above the 200‑day MA signals a broader bullish trend and tends to filter out structurally weak or downtrending names.
     • Combining PriceAboveMA20 and PriceAboveMA200 means you get stocks that are bullish on both short- and long-term timeframes, reinforcing the bullish bias.

4. New High/Low: 52w_High

   • Purpose: Find stocks making new 52-week highs, a classic bullish breakout signal.
   • Rationale:
     • Stocks hitting new 1‑year highs often indicate strong demand, positive sentiment, and institutional interest.
     • Many trend-following and momentum strategies specifically look for 52-week highs as a key bullish criterion.
     • This filter narrows the list to leaders in their price performance, not laggards.

5. 1-Month Price Change %: min 10%

   • Purpose: Require recent, strong upside performance.
   • Rationale:
     • A minimum +10% gain over the past month ensures the stock is showing clear, recent bullish momentum.
     • This excludes slow movers or flat names that may be above moving averages but not actually trending strongly.
     • It aligns directly with the idea of “bullish” as “actively moving up,” not just “not going down.”

Why Results Match “Bullish Stocks”

• The price above both 20-day and 200-day moving averages ensures the trend is bullish in both the short and long term.
• The 52-week high filter focuses on strong leaders breaking into new territory, a hallmark of bullish action.
• The +10% monthly price change guarantees recent, significant upside movement rather than stale trends.
• The moderate RSI keeps you in bullish territory while avoiding the most extreme, potentially overbought setups.

Together, these filters home in on stocks that are not only in uptrends but also demonstrating strong, recent momentum consistent with a “bullish stocks” search.