Screening Filters & Rationale
Market Cap >= $10 billion:
- Purpose: Focus on large-cap stocks.
- Rationale: Large-cap stocks are typically more stable and align with the user's preference for established companies.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure sufficient liquidity.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
RSI (14) >= 50:
- Purpose: Identify stocks with bullish momentum.
- Rationale: RSI above 50 suggests upward price strength, aligning with the user's bullish outlook.
Price Above 20-Day Moving Average:
- Purpose: Confirm short-term bullish trend.
- Rationale: Price above the 20-day moving average indicates positive momentum and potential for continued growth.
Weekly Price Change >= 0%:
- Purpose: Filter for stocks with positive weekly performance.
- Rationale: Ensures the selection includes stocks that have shown upward movement in the past week.
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.