Screening Filters
Market Cap: {'max': '2000000000'}
- Purpose: To focus on small-cap stocks.
- Rationale: Small-cap stocks are generally defined as companies with a market capitalization below $2 billion. Since the user is specifically asking for small-cap stocks, this filter ensures that only stocks within this category are included in the results.
Moving Average Relationship: ['PriceCrossAboveMA20', 'PriceCrossDownMA20']
- Purpose: To identify stocks that are exhibiting potential bull trap patterns.
- Rationale: A bull trap occurs when a stock's price appears to break above a resistance level (e.g., crossing above the 20-day moving average) but then reverses and falls back below it (e.g., crossing down the 20-day moving average). By including both "PriceCrossAboveMA20" and "PriceCrossDownMA20," the screener captures stocks that recently exhibited this behavior, which aligns with the user's request to identify potential bull traps.
Relative Volume: {'min': '0.5'}
- Purpose: To filter for stocks with sufficient trading activity.
- Rationale: Relative volume measures the current trading volume compared to the stock's average volume. A minimum threshold of 0.5 ensures that the stocks in the results have at least 50% of their average trading volume, which helps to avoid illiquid stocks and ensures that the identified patterns (e.g., bull traps) are more reliable.
Why Results Match:
- The market cap filter ensures that only small-cap stocks are included, which directly addresses the user's request for small-cap stocks.
- The moving average relationship filter is specifically designed to identify stocks that may be forming bull traps, as it captures the price action of crossing above and then below the 20-day moving average.
- The relative volume filter ensures that the stocks in the results have sufficient trading activity, making the patterns more meaningful and reducing the likelihood of false signals caused by low liquidity.
By combining these filters, the screener effectively narrows down the list of stocks to those that are small-cap, exhibit potential bull trap behavior, and have adequate trading volume, making the results highly relevant to the user's query.
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.