Screening Filters
PriceAboveMA20 (Price above 20-day moving average)
- Purpose:
Selects assets whose current price is above their 20-day moving average.
- Rationale:
When you’re asking “Can I buy Solana (SOL)?” you’re implicitly asking whether the short-term trend is favorable. A common technical way to judge this is to see if price is trading above a short-term moving average like the 20-day MA.
- If price is above the 20-day MA, it typically indicates short‑term bullish momentum and an uptrend, which is more consistent with a “buy” setup than when price is below it.
- This filter effectively restricts the results to assets that, like SOL would be in a technically stronger spot if it were above its own 20-day MA.
month_price_change_pct: min 5 (At least +5% over the past month)
- Purpose:
Limits the universe to assets that have risen at least 5% over the last month.
- Rationale:
You’re concerned about whether now is a good time to be on the buy side, not bottom‑fishing something that’s still weak. A positive return threshold over the past month ensures you only see assets with:
- Recent positive momentum, not just a one‑day bounce.
- Evidence that buyers have been in control over a meaningful short‑term window.
This aligns with a momentum‑based technical approach: if SOL shows similar characteristics (strong recent performance), the technical case for “buy” tends to be stronger than if it had been flat or trending down.
Why Results Match Your Query
- Your question about buying SOL is fundamentally about technical strength and timing. Both filters are classic technical momentum conditions:
- Above the 20-day MA → short-term uptrend.
- Up at least 5% in a month → confirmed recent strength, not just noise.
- Together, these filters approximate the kind of technical backdrop you’d generally want to see before considering a buy in a crypto like Solana: price in an uptrend and supported by sustained recent gains, rather than weakness or sideways action.
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.