Screening Filters & Rationale
Price ($10-$60):
- Purpose: Identify stocks within the specified price range for affordability and liquidity.
- Rationale: Ensures the selection aligns with the user's budget and trading preferences.
Relative Volume (≥2):
- Purpose: Focus on stocks with significant trading activity compared to their average.
- Rationale: High relative volume indicates increased interest, which is ideal for short-term flipping opportunities.
Weekly Average Turnover (≥1,000,000):
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover minimizes the risk of slippage and supports active trading strategies.
RSI (14) between 30-70:
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the risk of extreme price reversals.
Weekly Price Change (≥5%):
- Purpose: Select stocks with notable recent price movement.
- Rationale: Significant price changes indicate volatility, which is essential for short-term flipping.
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.