Leveraged etfs bullish for the next week

Screening Filters

1. themes: Leveraged Equities / Real Estate / Bonds / Commodities / Currency / Volatility / Multi-Asset

   • Purpose: Restrict results to leveraged ETFs only, across major asset classes.
   • Rationale:
     • Your request is specifically for leveraged ETFs, not regular ETFs or individual stocks.
     • These theme tags identify funds that use leverage (e.g., 2x, 3x exposure), ensuring every result is from the leveraged ETF universe and not plain-vanilla funds.

2. moving_average_relationship: PriceAboveMA20

   • Purpose: Capture ETFs in a short-term uptrend.
   • Rationale:
     • The 20-day moving average is a common short-term trend indicator.
     • When price is above the 20-day MA, it suggests recent price action is strong enough to keep the ETF trading above its average over the last month.
     • This aligns with your focus on ETFs that are currently bullish, which often means “in an uptrend” technically.

3. week_price_change_pct: min 5

   • Purpose: Focus on leveraged ETFs with strong positive momentum over the last week.
   • Rationale:
     • A minimum +5% weekly move (for a leveraged ETF) points to recent bullish behavior.
     • Since you’re interested in the next week, recent strong performance is a reasonable momentum-based proxy for ETFs that may continue to act bullish in the near term (though not guaranteed).

4. relative_vol: min 1.5

   • Purpose: Select ETFs that are trading with higher-than-normal activity.
   • Rationale:
     • Relative volume ≥ 1.5 means current trading volume is at least 50% higher than its usual average.
     • Elevated volume often confirms that a recent move (like the +5% week) is backed by strong participation, which can make the trend more meaningful and tradable, especially in leveraged products.

5. rsi_category: moderate

   • Purpose: Avoid ETFs that are extremely overbought or oversold.
   • Rationale:
     • A “moderate” RSI typically means not in the danger zones of overbought (where a pullback might be imminent) or oversold (which might not match your “already bullish” idea).
     • This helps find ETFs that are bullish but not yet stretched to extremes, potentially offering a better balance between momentum and risk of a near-term reversal.

Why Results Match Your Request

• The theme filters ensure you only see leveraged ETFs, matching the “leveraged” part of your request.
• Price above the 20-day MA, +5% weekly performance, and high relative volume together pick ETFs that are currently in a short-term bullish trend with strong momentum and participation, which is a practical way to search for candidates that may remain bullish into the next week.
• The moderate RSI constraint avoids chasing moves that are already overheated, focusing instead on leveraged ETFs that are bullish but not in extreme conditions, which better fits a short-term bullish outlook.

Note: No filter can guarantee what will happen next week; these criteria are used to tilt the search toward leveraged ETFs with higher probability of continued bullishness based on current trend and momentum.