Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated volume often indicates strong investor interest, which can drive short-term price movements.
Beta (HighRisk):
- Purpose: Focus on high-risk stocks with greater sensitivity to market movements.
- Rationale: High beta stocks tend to exhibit larger price swings, aligning with the goal of achieving a >5% weekly return.
RSI 14 (min: 30, max: 70):
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the likelihood of extreme reversals.
Week Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price momentum over the past week.
- Rationale: Positive momentum increases the probability of continued upward movement in the short term.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased demand, which can contribute to short-term price gains.
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.