Screening Filters & Rationale
Price Change Percentage (min: 0):
- Purpose: Identify assets with positive price movement.
- Rationale: Ensures focus on assets showing upward momentum, aligning with high-profit day trading strategies.
Relative Volume (min: 1.5):
- Purpose: Highlight assets with significantly increased trading activity.
- Rationale: High relative volume indicates strong market interest, which can lead to profitable intraday price swings.
Beta (HighRisk):
- Purpose: Target high-volatility assets.
- Rationale: High beta stocks or assets are more volatile, offering greater profit potential for day traders.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Focus on highly liquid assets.
- Rationale: High turnover ensures ease of entry and exit, critical for day trading efficiency.
Is Trending (True):
- Purpose: Select assets currently gaining market attention.
- Rationale: Trending assets often experience sharp price movements, ideal for capturing quick profits.
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.