Screening Filters & Rationale
RSI (14) between 40 and 70:
- Purpose: Identify stocks with moderate momentum, avoiding overbought or oversold conditions.
- Rationale: This range suggests potential for continued upward movement without being overextended.
Price Above 20-Day Moving Average:
- Purpose: Focus on stocks in a short-term uptrend.
- Rationale: A price above the 20-day moving average indicates bullish momentum and potential for further gains.
Monthly Price Change Percentage > 0:
- Purpose: Select stocks with positive price performance over the past month.
- Rationale: Positive momentum over the last month aligns with a bullish outlook.
Nasdaq 100 Component:
- Purpose: Limit the selection to stocks within the Nasdaq 100 index.
- Rationale: Ensures alignment with the user's focus on Nasdaq 100 stocks.
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.