Screening Filters & Rationale
Market Cap ≥ $200B:
- Purpose: Focus on mega-cap stocks with significant market capitalization.
- Rationale: Mega-cap stocks are typically more stable and widely followed, aligning with the user's preference for large, established companies.
RSI (14) between 50 and 70:
- Purpose: Identify stocks with moderate bullish momentum without being overbought.
- Rationale: This range suggests a bullish trend while avoiding overextended conditions that may lead to a pullback.
Price Above 20-day and 200-day Moving Averages:
- Purpose: Ensure the stock is in a strong uptrend across both short-term and long-term timeframes.
- Rationale: Stocks trading above these key moving averages indicate sustained bullish momentum and investor confidence.
Weekly Price Change ≥ 0%:
- Purpose: Select stocks that have shown positive or stable performance over the past week.
- Rationale: Positive weekly performance supports the continuation of a bullish trend into the next week.
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.