Screening Filters & Rationale
Price Change Percentage (min: 0):
- Purpose: Identify stocks with positive price movement potential.
- Rationale: Ensures focus on assets showing upward momentum, aligning with intraday profit goals.
Relative Volume (min: 1.0):
- Purpose: Highlight stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals heightened interest and potential price volatility.
Beta (ModerateRisk, HighRisk):
- Purpose: Target stocks with moderate to high market sensitivity.
- Rationale: Higher beta stocks are more likely to experience significant price swings, suitable for intraday trading.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure liquidity for efficient trade execution.
- Rationale: High turnover indicates active trading, reducing the risk of slippage during intraday trades.
Gap Pattern (Gap Up):
- Purpose: Focus on stocks opening significantly higher than the previous close.
- Rationale: Gap-ups often indicate strong bullish sentiment, providing opportunities for quick intraday 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.