Screening Filters & Rationale
Relative Volume (min: 1.2):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated volume often indicates strong interest or momentum, which can lead to quick price movements.
RSI 14 (min: 20, max: 80):
- Purpose: Filter out overbought or oversold stocks to focus on those with balanced momentum.
- Rationale: Stocks within this RSI range are less likely to experience extreme reversals, aligning with short-term profit goals.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price movement over the past week.
- Rationale: Positive weekly performance suggests upward momentum, increasing the likelihood of continued gains.
Is Trending (True):
- Purpose: Focus on stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience heightened volatility, creating opportunities for quick profits.
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.