Screening Filters
Themes: Leveraged Equities, Bonds, Real Estate, Currency, Volatility, Commodities, Multi-Asset
- Purpose: Restrict the list to leveraged ETFs across all major asset classes.
- Rationale:
- Your request is specifically for leveraged ETFs.
- These “themes” tags identify funds that use leverage (2x, 3x, etc.) on different underlying exposures (equity indexes, bonds, commodities, FX, volatility, multi-asset baskets).
- This ensures we are not mixing in regular (unlevered) ETFs or individual stocks.
PriceAboveMA20 (Price above 20‑day moving average)
- Purpose: Capture ETFs in a short-term uptrend, a core ingredient of “positive buy technical sentiment.”
- Rationale:
- When price is above its 20-day moving average, it suggests near-term bullish momentum.
- Many technical trading systems view this as a basic “buy-bias” condition rather than a neutral or bearish one.
- For leveraged ETFs (which amplify moves), this is especially important to avoid products in short-term downtrends.
PriceAboveMA200 (Price above 200‑day moving average)
- Purpose: Ensure the leveraged ETF is in a longer-term uptrend as well.
- Rationale:
- The 200-day moving average is a widely used long-term trend indicator.
- Price above the 200-day MA is often interpreted as a “bullish regime” and aligns with a stronger, more durable buy sentiment.
- Combining PriceAboveMA20 and PriceAboveMA200 avoids ETFs that are only experiencing a short, possibly counter-trend bounce within a longer-term downtrend.
New High/Low: 52w_High (Near or at 52‑week high)
- Purpose: Find leveraged ETFs showing strong long-term relative strength.
- Rationale:
- Making or approaching a 52-week high is classic evidence of strong technical strength and accumulation.
- For many technicians, assets at new yearly highs often have a more favorable buy profile than those languishing near lows, especially in leveraged products where trend persistence is critical.
New High/Low: 20_High (Near or at 20‑day high)
- Purpose: Capture shorter-term breakout strength.
- Rationale:
- A 20-day high indicates recent breakout behavior, reinforcing the short-term bullish picture given by PriceAboveMA20.
- This conditions the results toward ETFs that are not just trending, but also pushing into fresh short-term highs—consistent with an aggressive “buy” technical stance.
Month_price_change_pct: min 8.01%
- Purpose: Require recent, strong positive performance over the last month.
- Rationale:
- A minimum 8% gain in one month (for ETFs, especially leveraged ones) is a clear sign of upward momentum.
- This helps filter out leveraged ETFs that might be above moving averages but have been moving sideways or only slightly up.
- Combining positive trend (MAs, new highs) with tangible recent performance supports a more confident “positive buy technical sentiment.”
Why Results Match Your Request
Together, these filters home in on leveraged ETFs that are in clear uptrends, making fresh highs, and showing robust recent gains—conditions that are widely interpreted by technical traders as a favorable “buy” or bullish technical setup.
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.