Screening Filters
Average Volume ≥ 1,000,000 shares
- Purpose: Ensure candidates are liquid enough for efficient swing trading.
- Rationale: Swing traders need tight spreads and the ability to enter/exit quickly with meaningful size. A minimum 1M average daily volume helps:
- Reduce slippage
- Improve order execution
- Make technical signals more reliable (less noise from thin trading)
Moving Average Relationship: PriceAboveMA20 & PriceBelowMA5
- Purpose: Find short‑term pullbacks within an established uptrend—classic swing‑trade setups.
- Rationale:
- PriceAboveMA20: The stock is in a short- to medium-term uptrend (20‑day MA is a common swing-trading trend gauge). This avoids downtrending names.
- PriceBelowMA5: Price is currently below its very short-term average, indicating a near-term pullback or dip within that uptrend.
Together, this screens for “buy-the-dip in an uptrend” situations, which is exactly what many swing traders look for.
MACD: bullish
- Purpose: Confirm upward momentum is either starting or resuming.
- Rationale: A bullish MACD (e.g., MACD line above signal line or positive histogram) suggests:
- Momentum is shifting in favor of buyers
- The recent pullback may be ending
This increases the probability that the swing will move upward from the current zone rather than continue falling.
RSI Category: moderate
- Purpose: Avoid names that are too overbought (late to the move) or oversold (often in strong downtrends or high-risk reversals).
- Rationale:
- “Moderate” RSI (neither extreme high nor extreme low) favors:
- Stocks that still have room to move up
- Reduced risk of immediate mean-reversion against you
This is suitable for swing traders who want continuation or early-stage reversals rather than chasing parabolic moves.
1‑Week Price Change: between -5% and +5%
- Purpose: Target stable but active setups, avoiding both sharp crashes and overextended spikes.
- Rationale:
- > -5%: Filters out names that have just been hit by large negative moves (often news-driven risk, uncertain bases).
- < +5%: Avoids stocks that have just surged too far too fast (higher risk of immediate pullback).
For swing trades, this keeps you in a “normal volatility” window where technical patterns are more tradable.
Sector: Technology, Software & IT Services, Technology Equipment
- Purpose: Restrict the search universe to technology-related companies, as requested.
- Rationale:
- “Technology” broad sector + key industry groups like Software, IT Services, and Hardware/Equipment capture the core of US tech names where swing traders typically focus.
- This aligns exactly with your request for technology stocks and avoids non-tech sectors.
Exchange: XNAS (NASDAQ) & XNYS (NYSE)
- Purpose: Limit results to major US exchanges.
- Rationale:
- NASDAQ and NYSE list the bulk of US technology companies.
- These exchanges provide higher liquidity, tighter spreads, and better data quality, all essential for swing trading.
This matches your desire for US‑listed tech stocks.
Why Results Match:
- The sector and exchange filters explicitly narrow the universe to US‑listed technology stocks, matching your “technology stocks” request in the US market.
- The combination of PriceAboveMA20, PriceBelowMA5, bullish MACD, and moderate RSI is a textbook way to find swing-trade setups: short-term dips in established uptrends with supportive momentum.
- The average volume and 1‑week price change filters remove illiquid, highly erratic, or already-extended names, leaving more practical and tradable swing candidates.
All filters used are supported by our system, and they are specifically chosen to align with finding swing trade opportunities in US technology stocks, which matches your request.
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.