Screening Filters & Rationale
Analyst Consensus: Strong Buy:
- Purpose: To identify stocks with high confidence from analysts.
- Rationale: A "Strong Buy" rating indicates analysts' strong conviction in the stock's potential for growth.
Weekly Average Turnover: Minimum $1,000,000:
- Purpose: To ensure liquidity and ease of trading.
- Rationale: High turnover reflects active trading and investor interest, reducing the risk of illiquidity.
RSI (14): 0-30:
- Purpose: To find oversold stocks with potential for a rebound.
- Rationale: An RSI below 30 suggests the stock may be undervalued and poised for recovery.
Target Price Upside Potential: More Above Price:
- Purpose: To select stocks with significant upside potential based on target prices.
- Rationale: A higher target price compared to the current price indicates room for growth.
Moving Average Relationship: Price Above MA200:
- Purpose: To identify stocks in a long-term uptrend.
- Rationale: A price above the 200-day moving average signals strong upward momentum.
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.