Screening Filters & Rationale
Relative Volume (min: 1.8):
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Elevated volume often signals increased investor interest, which can precede a breakout.
RSI 14 (min: 72):
- Purpose: Focus on stocks with strong upward momentum.
- Rationale: An RSI above 70 indicates overbought conditions, often associated with strong momentum and potential breakouts.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Ensure the stock price is trending above its short-term average.
- Rationale: A price above the 20-day moving average suggests a bullish trend and potential continuation.
Monthly Price Change Percentage (min: 12%):
- Purpose: Highlight stocks with significant recent price appreciation.
- Rationale: A strong monthly price increase can indicate momentum and potential for further gains.
Support/Resistance Relationship (PriceBreakResistance):
- Purpose: Identify stocks breaking through key resistance levels.
- Rationale: Breaking resistance often signals a bullish breakout and potential for continued upward movement.
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.