Screening Filters & Rationale
Market Cap (Min: $12B, Max: $14B):
- Purpose: Focuses on mid-to-large-cap stocks within a specific range.
- Rationale: Targets companies with stable growth potential while avoiding extreme volatility of smaller caps or slower growth of mega caps.
Relative Volume (Min: 1.5):
- Purpose: Identifies stocks with significantly higher trading activity compared to their average.
- Rationale: Highlights stocks experiencing unusual interest, often due to news or events, which can drive price movements.
Weekly Average Turnover (Min: 1,000,000):
- Purpose: Ensures liquidity by selecting stocks with high average trading volume.
- Rationale: Facilitates easier entry and exit from positions without significant price impact.
RSI 14 (Max: 65):
- Purpose: Filters for stocks that are not overbought, based on the Relative Strength Index.
- Rationale: Avoids stocks that may be overextended and at risk of a pullback.
Gap Pattern (GapUp):
- Purpose: Focuses on stocks that have experienced a gap up in price today.
- Rationale: Captures stocks with strong upward momentum, often driven by positive catalysts like earnings or news.
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.
