Screening Filters & Rationale
Price (max: $5):
- Purpose: Focus on penny stocks by limiting the price to $5 or below.
- Rationale: Stocks under $5 are typically classified as penny stocks, aligning with the user's request.
Relative Volume (min: 1.5):
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: A relative volume above 1.5 indicates increased interest and potential bullish momentum.
RSI 14 (min: 50, max: 70):
- Purpose: Target stocks with moderate bullish momentum without being overbought.
- Rationale: RSI between 50 and 70 suggests upward movement while avoiding overbought conditions.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: Price above the 20-day moving average indicates a short-term bullish trend.
Is Trending (True):
- Purpose: Focus on stocks currently trending upward.
- Rationale: Trending stocks are more likely to sustain bullish signals, aligning with the user's goal.
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.