Screening Filters & Rationale
price_change_pct (min: 0):
- Purpose: Identify assets with positive price momentum.
- Rationale: Ensures the selection focuses on assets showing upward movement, suitable for day trading opportunities.
relative_vol (min: 2.2):
- Purpose: Target assets with significantly higher trading activity than usual.
- Rationale: High relative volume indicates increased interest and potential for short-term price action.
beta (HighRisk):
- Purpose: Focus on high-risk, high-volatility assets.
- Rationale: High beta assets are more likely to experience significant intraday price swings, ideal for day trading.
weekly_average_turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for quick entry and exit.
- Rationale: High turnover minimizes the risk of slippage and ensures trades can be executed efficiently.
rsi_14 (min: 50, max: 60):
- Purpose: Select assets with moderate RSI levels indicating potential upward momentum.
- Rationale: RSI in this range suggests the asset is not overbought, leaving room for further price increases.
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.