Screening Filters
RSI Category: ['moderate', 'overbought']
- Purpose: Capture assets where RSI is already in an upswing and showing strength.
- Rationale:
- “Moderate” RSI typically corresponds to mid‑range values (e.g., ~40–60), where RSI has turned up from oversold and is trending higher.
- “Overbought” means RSI is high (e.g., >70), which usually only happens after a strong recent advance.
- By including both, the screener finds assets where RSI is either already strong (overbought) or in the process of moving up (moderate and rising), matching your request for RSI that “indicates upward movement.”
MACD: ['positive', 'bullish']
- Purpose: Ensure the underlying trend and momentum are positive.
- Rationale:
- A positive MACD (MACD line above zero) means the shorter-term moving average is above the longer-term one, a classic sign of an uptrend.
- A bullish MACD (MACD line above the signal line or recently crossing above) indicates increasing upside momentum.
- Combining these focuses on assets where momentum is not just up, but actively strengthening—exactly what “strong upward momentum” implies.
Moving Average Relationship: ['PriceAboveMA20', 'PriceAboveMA200']
- Purpose: Confirm both short-term and long-term uptrends.
- Rationale:
- PriceAboveMA20: Price is above its 20-day moving average ⇒ short-term trend is up.
- PriceAboveMA200: Price is above its 200-day moving average ⇒ long-term trend is up.
- Requiring price to be above both ensures you’re not catching a weak bounce in a downtrend, but securities already in established uptrends—consistent with “strong upward momentum.”
1-Week Price Change %: {'min': '5'}
- Purpose: Filter to assets that have already shown meaningful upside in the last week.
- Rationale:
- A minimum +5% move in one week is a concrete sign of recent strong performance.
- This quantifies “strong upward momentum” by demanding real price follow‑through, not just favorable indicators.
Why Results Match Your Request
All of the indicators you requested (RSI and momentum) are directly or closely represented in these filters, so the screener configuration is well-aligned with your goal of finding stocks showing upward RSI and strong upward momentum.
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.