Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume indicates increased investor interest, often signaling bullish momentum.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure selected stocks have high liquidity for ease of trading.
- Rationale: High turnover reflects active trading, reducing the risk of price manipulation and ensuring smoother transactions.
RSI 14 (min: 50, max: 70):
- Purpose: Focus on stocks with moderate bullish momentum without being overbought.
- Rationale: RSI in this range suggests upward movement while avoiding overextended conditions.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: This indicates a short-term bullish trend, aligning with the user's bullish outlook.
Monthly Price Change Percentage (min: 0):
- Purpose: Filter for stocks with positive price performance over the past month.
- Rationale: Positive price change confirms recent upward momentum, supporting a bullish strategy.
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.