Screening Filters & Rationale
Market Cap (300M - 10B):
- Purpose: Focus on small to mid-cap companies with growth potential.
- Rationale: These companies often have room for expansion while maintaining manageable risk levels.
Price (Max $20):
- Purpose: Identify low-priced stocks accessible to a broader range of investors.
- Rationale: Stocks under $20 are often attractive to value-focused or budget-conscious investors.
Weekly Average Turnover (Min $1M):
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of illiquidity.
RSI 14 (Max 30):
- Purpose: Target oversold stocks with potential for a rebound.
- Rationale: An RSI below 30 suggests the stock may be undervalued and poised for recovery.
Monthly Price Change Percentage (Min 0%):
- Purpose: Focus on stocks with positive momentum or stability.
- Rationale: Avoids stocks with declining prices, aligning with a growth-oriented strategy.
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.