Screening Filters
PriceAboveMA20
- Purpose: Select ETFs whose current price is above their 20-day moving average.
- Rationale: The 20-day moving average is a short-term trend indicator. When price is above this line, it suggests recent momentum is upward rather than sideways or down. This helps ensure the ETF is currently in a short-term uptrend, not just recovering from a drop.
PriceAboveMA200
- Purpose: Select ETFs whose current price is above their 200-day moving average.
- Rationale: The 200-day moving average is a widely used long-term trend gauge. Price above the 200-day MA typically signals a sustained, longer-term uptrend rather than a brief rally. Combining this with the 20-day filter targets ETFs that are strong both short term and long term, aligning with “consistent upward movement.”
52w_High
- Purpose: Include only ETFs that are at or near their 52-week high.
- Rationale: Hitting a 52-week high is a sign of strong demand and a persistent uptrend over the past year. ETFs making new yearly highs have, by definition, moved up from prior levels and avoided deep, lasting drawdowns recently—supporting the idea of consistency in the upward move.
Month_price_change_pct (min: 8.01%)
- Purpose: Require at least ~8% price gain over the past month.
- Rationale: This enforces recent positive momentum. An ETF that has risen strongly in the last 30 days is more likely in an active up-leg rather than just flatlining near highs. It filters out ETFs that are technically near highs but have stalled.
Quarter_price_change_pct (min: 18.01%)
- Purpose: Require at least ~18% price gain over the past quarter (3 months).
- Rationale: This extends the momentum check to the medium term. A solid 3‑month gain supports the idea that the move isn’t just a short-lived spike. It helps capture ETFs with a more sustained trend rather than brief, volatile pops.
Why Results Match “ETFs that have shown consistent upward movement”
- Trend alignment across timeframes: Price above both the 20-day and 200-day moving averages indicates ETFs are in uptrends both short term and long term—key for “consistent” movement rather than choppy action.
- Strength over months, not days: The 1‑month and 3‑month minimum percentage gains ensure the upward movement has been meaningful and sustained, not just a single-day jump.
- Proximity to highs: The 52-week high filter ensures the ETFs are trading near their best levels of the year, reinforcing that the trend has been broadly upward over an extended period.
Together, these filters narrow the universe to ETFs that have been advancing over multiple time horizons and are currently near high points, which is exactly what you’d expect from “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.