Over 200 day moving average

Screening Filters & Rationale

1. Market Cap ≥ $20 billion:

   • Purpose: Focus on large-cap stocks for stability and lower volatility.
   • Rationale: Large-cap companies are typically more established and resilient during market fluctuations.

2. Beta: Moderate Risk:

   • Purpose: Target stocks with moderate risk to balance growth potential and volatility.
   • Rationale: Moderate beta ensures the stock moves in line with the market, reducing extreme price swings.

3. Weekly Average Turnover ≥ 1,000,000:

   • Purpose: Ensure sufficient liquidity for ease of trading.
   • Rationale: High turnover indicates active trading, reducing the risk of price manipulation or illiquidity.

4. P/E Ratio (TTM) between 18 and 22:

   • Purpose: Identify fairly valued stocks with reasonable growth expectations.
   • Rationale: This range suggests the stock is neither overvalued nor undervalued, aligning with a balanced investment approach.

5. Price Above 200-Day Moving Average:

   • Purpose: Select stocks in an upward trend for potential growth.
   • Rationale: Trading above the 200-day moving average indicates positive momentum and investor confidence.