Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest, which can precede a breakout.
New High/Low (52w_High):
- Purpose: Focus on stocks reaching their 52-week highs.
- Rationale: Stocks hitting new highs often signal strong momentum and potential for further gains.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: This indicates short-term bullish momentum, aligning with breakout potential.
Weekly Price Change Percentage (min: 0):
- Purpose: Include stocks with positive price movement over the past week.
- Rationale: Positive weekly performance suggests upward momentum, supporting breakout potential.
Tickers (Technology Sector):
- Purpose: Narrow the focus to technology stocks.
- Rationale: Aligns with the user's interest in breakout opportunities within the tech sector.
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.