Screening Filters
Market Cap: 2,000,000,000 – 10,000,000,000 (USD)
- Purpose: Restrict results to mid-cap stocks.
- Rationale:
- Mid-cap is commonly defined as roughly $2B–$10B in market capitalization.
- This range excludes small, illiquid names and very large, mature companies, aligning directly with your “mid-cap” requirement.
Moving Average Relationship: PriceAboveMA20
- Purpose: Capture stocks trading above their short-term trend.
- Rationale:
- The 20-day moving average is a standard short-term trend indicator.
- Price above the 20-day MA suggests bullish momentum and that buyers are in control in the near term—a typical early sign of a breakout or uptrend continuation.
Support/Resistance Relationship: PriceBreakResistance
- Purpose: Find stocks breaking above resistance levels.
- Rationale:
- A resistance break is a classic “bullish breakout” signal—price moves through a level where it previously struggled to go higher.
- Combining this with price strength and momentum focuses on names that are not just strong, but actively breaking out of prior trading ranges.
RSI Category: Moderate
- Purpose: Select stocks with healthy momentum but not extremely overbought.
- Rationale:
- “Moderate” RSI (typically neither very low nor above classic overbought levels like 70) implies upward momentum without extreme froth.
- This aligns with “showing signs of a bullish breakout” rather than already being in a late-stage, overextended move that may be prone to a pullback.
1-Week Price Change %: min 5%
- Purpose: Ensure recent positive price action.
- Rationale:
- A gain of at least 5% over the last week signals near-term buying pressure and momentum.
- Breakouts are often accompanied by strong recent performance; this filter avoids flat or weak names that haven’t yet confirmed bullish interest.
Exchange List: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)
- Purpose: Limit results to major U.S. exchanges.
- Rationale:
- These exchanges typically have better liquidity, tighter spreads, and stronger reporting standards.
- This improves the practical tradability of the breakout candidates and aligns with many investors’ focus on primary U.S. markets.
Why Results Match Your Request
- The market cap filter directly targets mid-cap companies.
- PriceAboveMA20, PriceBreakResistance, and positive 1-week performance together home in on stocks actively breaking out to the upside, confirming bullish technical behavior.
- The moderate RSI keeps the focus on sustainable bullish setups rather than overstretched names.
- Restricting to major U.S. exchanges ensures the list consists of tradable, mainstream securities, making the breakout signals more actionable.
Overall, these filters collectively seek mid-cap stocks that are in a short-term uptrend, recently gained momentum, and are breaking through resistance—consistent with “showing signs of a bullish breakout.”
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.