Screening Filters
- Relative Volume > 1.5
- Purpose: Finds stocks trading with stronger-than-usual activity.
- Rationale: A “very bullish for today” stock is usually one that is getting attention right now. Higher relative volume often signals strong participation from buyers and can support a meaningful intraday move.
- Price Above MA5, MA20, and MA200
- Purpose: Confirms the stock is in a short-, medium-, and long-term uptrend.
- Rationale: If price is above the 5-day, 20-day, and 200-day moving averages, it suggests momentum is positive across multiple timeframes, which fits the idea of a broadly bullish setup rather than just a short-lived bounce.
- MACD Positive and Bullish
- Purpose: Identifies improving momentum and trend strength.
- Rationale: A positive MACD with a bullish signal indicates the stock’s recent price action is gaining strength. This helps isolate names where momentum is supporting continued upside today.
- RSI Category: Moderate
- Purpose: Selects stocks that have bullish momentum without being extremely overbought.
- Rationale: Extremely high RSI readings can mean a stock is stretched and more vulnerable to a pullback. A moderate RSI suggests the stock may still have room to run while keeping the setup healthier for a bullish trade.
- Price Change % ≥ 0
- Purpose: Excludes stocks that are currently down on the day.
- Rationale: For a “very bullish stock for today,” it makes sense to focus on names that are at least flat or positive, since they already show intraday strength.
- Price > EMA 5, EMA 20, and EMA 60
- Purpose: Reinforces trend confirmation using exponential moving averages.
- Rationale: This is another way to ensure the stock is trading above key dynamic support levels. Being above these EMAs suggests buyers are in control over several time horizons, which is consistent with a strong bullish setup.
Why Results Match:
- The filters collectively look for stocks that are already trending upward, not just potentially interesting.
- They require current momentum: positive price change, strong volume, and bullish MACD.
- They confirm the stock is well-positioned above major trend lines, reducing the chance of selecting weak or choppy names.
- The moderate RSI helps avoid stocks that are too extended, so the screen favors names that are bullish and still tradable today.
Overall, these filters are well-suited for finding a stock that looks strong, supported by momentum, and bullish in the current session.
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.