New list do it again

Screening Filters & Rationale

1. Price under $5:

   • Purpose: Focus on low-cost penny stocks for high-growth potential.
   • Rationale: Stocks under $5 are often undervalued and can provide significant upside for risk-tolerant investors.

2. Relative Volume above 1.5:

   • Purpose: Identify stocks with increased trading activity compared to their average.
   • Rationale: High relative volume indicates heightened investor interest, which may signal potential price movement.

3. Weekly Average Turnover of at least $1,000,000:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover reduces the risk of illiquidity and ensures smoother trade execution.

4. RSI 14 between 30 and 70:

   • Purpose: Target stocks that are neither overbought nor oversold.
   • Rationale: RSI in this range suggests balanced momentum, avoiding extreme price conditions.

5. Positive Weekly Price Change Percentage:

   • Purpose: Focus on stocks with upward price momentum.
   • Rationale: Positive weekly performance indicates recent strength and potential for continued growth.