Screening Filters & Rationale
Market Cap ≥ $5 billion:
- Purpose: Focus on large-cap stocks or assets with established stability and lower risk.
- Rationale: Larger market cap indicates financial strength and resilience, aligning with a more stable investment approach.
Relative Volume ≥ 1.5:
- Purpose: Identify assets experiencing higher-than-average trading activity.
- Rationale: Increased relative volume often signals heightened investor interest or potential price movement.
Weekly Average Turnover ≥ $20 million:
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: High turnover reflects active trading, reducing the risk of illiquidity.
RSI (14) between 45 and 55:
- Purpose: Target assets in a neutral momentum zone, avoiding overbought or oversold conditions.
- Rationale: RSI within this range suggests balanced price movement, reducing the risk of extreme volatility.
Weekly Price Change ≥ 0%:
- Purpose: Focus on assets with positive or stable price performance over the past week.
- Rationale: Positive weekly change indicates upward momentum or stability, aligning with short-term trading goals.
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.