Screening Filters & Rationale
Market Cap >= $2 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap reduces risk associated with smaller, volatile companies.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure sufficient liquidity for easy buying and selling.
- Rationale: High turnover indicates active trading and reduces the risk of illiquidity.
P/E TTM <= 20:
- Purpose: Identify undervalued stocks relative to earnings.
- Rationale: A lower P/E ratio suggests potential for growth or undervaluation.
RSI (14) between 30 and 70:
- Purpose: Avoid overbought or oversold stocks.
- Rationale: RSI in this range indicates balanced momentum, reducing risk of extreme price movements.
Trending Stocks:
- Purpose: Focus on stocks with positive momentum or news.
- Rationale: Trending stocks often attract investor interest, potentially driving price appreciation.
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.