Screening Filters & Rationale
Volume (min: 1,000,000):
- Purpose: Identify stocks with significant premarket activity.
- Rationale: High volume indicates strong market interest and liquidity, which is crucial for active trading strategies.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with trading activity significantly above their average.
- Rationale: A relative volume above 1.5 suggests unusual activity, often driven by news or events, making these stocks more likely to experience volatility.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure the stock has consistent liquidity over time.
- Rationale: A high weekly turnover indicates sustained investor interest, reducing the risk of illiquidity.
Gap Pattern (GapUp, GapDown):
- Purpose: Focus on stocks with significant price movements in the premarket.
- Rationale: Gaps often signal strong sentiment shifts, providing potential trading opportunities.
Is Trending (True):
- Purpose: Identify stocks currently in a strong directional trend.
- Rationale: Trending stocks are more likely to continue their momentum, aligning with momentum-based trading strategies.
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.