New stocks that are about to rise

Screening Filters

1. Moving Average Relationship: PriceCrossAboveMA20

   • Purpose: This filter identifies stocks where the current price has recently crossed above the 20-day moving average.
   • Rationale: A price crossing above a moving average is often seen as a bullish signal, indicating potential upward momentum. This aligns with the user's request for stocks that are "about to rise," as it suggests a shift in trend toward positive price movement.

2. Technical Indicators: RSI_14 above 50

   • Purpose: This filter selects stocks where the 14-day Relative Strength Index (RSI) is above 50.
   • Rationale: RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 50 indicates that buying pressure is stronger than selling pressure, which is a sign of bullish momentum. This supports the user's query by focusing on stocks with positive momentum.

3. Relative Volume: Minimum 1.5

   • Purpose: This filter ensures that only stocks with a relative volume of at least 1.5 are included.
   • Rationale: Relative volume compares current trading volume to the average volume over a specific period. A value above 1.5 indicates heightened trading activity, which often precedes significant price movements. This helps identify stocks that are gaining attention and could be poised for a rise.

Why Results Match:

• The combination of the PriceCrossAboveMA20 and RSI_14 above 50 filters ensures that the stocks selected are showing both technical bullish signals and positive momentum, which are key indicators of potential upward price movement.
• The Relative Volume filter adds an additional layer of confirmation by focusing on stocks with increased trading activity, which often signals investor interest and can lead to price increases.
• Together, these filters create a focused list of stocks that exhibit characteristics commonly associated with upward price trends, making them relevant to the user's query for "new stocks that are about to rise."