Screening Filters
themes: ['Leveraged']
- Purpose: To restrict results to securities that use leverage, which in practice mostly means leveraged ETFs (and similar leveraged products).
- Rationale:
- Your request explicitly asks for leveraged ETFs.
- A “Leveraged” theme captures instruments that use leverage to amplify daily returns (e.g., 2x, 3x bull or bear ETFs).
- While the theme may also include a few other leveraged exchange-traded products (like ETNs), it is the closest available systematic way to isolate leveraged ETFs and similar vehicles in a screener.
macd: ['positive', 'bullish']
- Purpose: To find leveraged securities whose MACD indicator is currently in a positive or bullish configuration.
- Rationale:
- You asked for leveraged ETFs that have a positive MACD signal as of today.
- “MACD positive” typically means the MACD line is above the zero line, indicating positive momentum versus its historical average.
- “MACD bullish” generally means the MACD line is above its signal line, often interpreted as an active bullish/ascending momentum signal.
- Combining both “positive” and “bullish” focuses the search on leveraged products that are not only above their MACD zero line but also in a bullish crossover phase, aligning closely with your desire for a current positive MACD signal.
Why Results Match:
- The Leveraged theme filter directly targets the type of instrument you specified: leveraged ETFs (and closely related leveraged products).
- The MACD filters (positive & bullish) directly implement your requirement for a positive MACD signal as of today, capturing those leveraged products that currently exhibit bullish MACD momentum characteristics.
So, the filters used do match your request:
- They correctly identify leveraged products (primarily leveraged ETFs).
- They apply a MACD-based technical condition that reflects a positive/bullish MACD signal at the current time.
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.