Screening Filters & Rationale
Market Cap (2B-10B):
- Purpose: Focus on mid-cap stocks.
- Rationale: Mid-cap stocks often balance growth potential and stability, aligning with the user's request.
Relative Volume (≥1.4):
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume can indicate strong investor interest and confirm breakout momentum.
New High/Low (52-week High, 20-day High):
- Purpose: Highlight stocks reaching significant breakout levels.
- Rationale: A 55-day breakout often coincides with these highs, signaling potential upward trends.
Beta (Moderate Risk):
- Purpose: Select stocks with moderate volatility.
- Rationale: Moderate beta ensures a balance between risk and return, suitable for breakout strategies.
Monthly Price Change (≥0%):
- Purpose: Ensure positive price momentum.
- Rationale: Positive monthly performance supports the continuation of an upward breakout trend.
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.