Screening Filters
PriceAboveMA20 (Price above 20-day moving average)
- Purpose: Capture ETFs in a short‑term uptrend.
- Rationale: The 20-day moving average is a common proxy for the last ~1 month of trading. When price is above this line, it suggests recent momentum is positive rather than choppy or downward. This aligns with “consistent upward movement” on a short-term basis.
PriceAboveMA200 (Price above 200-day moving average)
- Purpose: Ensure a long‑term uptrend is intact.
- Rationale: The 200-day MA tracks roughly the past 9–10 months. ETFs trading above this level are generally in established long‑term uptrends rather than in bear markets or deep corrections. This helps filter out ETFs that only have a brief bounce but are still in a broader downtrend.
52w_High (Near or at 52‑week high)
- Purpose: Focus on ETFs making new yearly highs.
- Rationale: Hitting a 52‑week high is a strong sign of persistent demand and sustained positive price action over the past year. It typically reflects a pattern of higher highs over time, which is consistent with the idea of “consistent upward movement” rather than sideways or volatile patterns.
quarter_price_change_pct ≥ 15.01%
- Purpose: Require solid performance over the last quarter.
- Rationale: A minimum ~15% gain over the last 3 months filters for ETFs with strong recent momentum, not just a one‑day or one‑week spike. It adds a medium‑term consistency check between the short-term MA and the long-term MA.
year_price_change_pct ≥ 25.01%
- Purpose: Ensure meaningful appreciation over the past year.
- Rationale: A 25%+ gain over 12 months indicates that the ETF has been trending higher over a substantial period, not just in the last few weeks. This complements the 52‑week high filter by quantifying that long‑term strength.
Why Results Match “ETF with Consistent Upward Movement”
- Combining PriceAboveMA20 and PriceAboveMA200 confirms the ETF is in both a short‑term and long‑term uptrend, which is central to “consistent” upward movement.
- The 52‑week high filter targets ETFs that are not just recovering from lows but actually breaking into new high ground, a hallmark of sustained uptrends.
- The quarterly and yearly price change minimums ensure that the ETF’s rise has been meaningful and persistent over multiple timeframes, rather than a brief rally.
- Together, these filters select ETFs that are trending up across short, medium, and long horizons, closely matching the user’s goal of finding ETFs with consistent upward movement.
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.