Screening Filters & Rationale
Price under $5:
- Purpose: To identify low-cost stocks accessible to investors with limited capital.
- Rationale: Stocks under $5 often present high growth potential but come with higher risk, aligning with speculative investment strategies.
Relative Volume ≥ 1.5:
- Purpose: To focus on stocks with significant trading activity compared to their average volume.
- Rationale: High relative volume indicates increased market interest, which can signal potential price movements.
High Beta:
- Purpose: To target stocks with higher volatility for greater potential returns.
- Rationale: High beta stocks are more sensitive to market movements, making them suitable for risk-tolerant investors seeking amplified gains.
RSI (14) between 30 and 70:
- Purpose: To avoid overbought or oversold stocks, focusing on those in a neutral momentum range.
- Rationale: This range suggests balanced buying and selling pressure, reducing the risk of extreme price reversals.
Weekly Price Change ≥ 15%:
- Purpose: To identify stocks with strong short-term price momentum.
- Rationale: A significant weekly price increase indicates potential upward trends, aligning with momentum-based strategies.
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.