Screening Filters & Rationale
Volume (min: 1,000,000):
- Purpose: Identify stocks with significant trading activity.
- Rationale: High volume indicates strong market interest and liquidity, making it easier to enter or exit positions.
Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive price movement.
- Rationale: Positive price changes suggest upward momentum, aligning with growth-focused strategies.
Relative Volume (min: 2):
- Purpose: Highlight stocks with trading activity at least twice their average volume.
- Rationale: Elevated relative volume often signals unusual market interest or news-driven activity.
Weekly Average Turnover (min: 5,000,000):
- Purpose: Ensure consistent trading activity over the past week.
- Rationale: High weekly turnover reflects sustained investor interest and reduces the risk of illiquidity.
Turnover (min: 50,000,000):
- Purpose: Focus on stocks with substantial dollar value traded today.
- Rationale: High turnover indicates strong market participation and potential for significant price movement.
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.