Screening Filters & Rationale
Market Cap ≥ $5 billion:
- Purpose: Focus on large-cap stocks with stability and liquidity.
- Rationale: Larger companies are less volatile and more likely to deliver consistent short-term performance.
Relative Volume ≥ 2.0:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often signals heightened investor interest and potential price movement.
RSI (14) between 40 and 60:
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests a balanced momentum, ideal for short-term gains without extreme risk.
Price Above 20-Day Moving Average:
- Purpose: Select stocks in a short-term uptrend.
- Rationale: Stocks trading above their 20-day moving average indicate positive momentum and potential for further gains.
Weekly Price Change ≥ 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Ensures the stock is not in a declining trend, aligning with short-term gain objectives.
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.