Screening Filters & Rationale
Price (max: 10):
- Purpose: Identify low-priced stocks under $10 to align with the user's focus on affordable investments.
- Rationale: Low-priced stocks often attract retail investors and can exhibit significant percentage gains.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with trading activity at least 1.5 times their average volume, indicating heightened interest.
- Rationale: Increased volume often precedes significant price movements, aligning with breakout potential.
Gap Pattern (GapDown):
- Purpose: Focus on stocks that opened lower than the previous close, creating potential for a rebound.
- Rationale: Gap-down patterns can signal oversold conditions, offering opportunities for recovery and breakout.
Moving Average Relationship (PriceCrossAboveMA5):
- Purpose: Identify stocks where the price has crossed above the 5-day moving average, signaling short-term bullish momentum.
- Rationale: This crossover often indicates a shift in trend, supporting breakout potential.
Candlestick Pattern (Inverse Head and Shoulders, White Candlestick):
- Purpose: Detect bullish reversal patterns and strong upward momentum in candlestick formations.
- Rationale: These patterns suggest a potential trend reversal or continuation, aligning with breakout expectations.
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.