Screening Filters & Rationale
Market Cap (max: $1,000,000,000):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility and potential for rapid price appreciation, aligning with penny stock strategies.
Price (max: $5):
- Purpose: Target low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, making them accessible for investors seeking high-risk, high-reward opportunities.
Relative Volume (min: 1.5):
- Purpose: Identify stocks with increased trading activity.
- Rationale: Higher relative volume indicates heightened investor interest, which can signal potential price movement.
Earnings Surprise (EpsBeat):
- Purpose: Select companies that have exceeded earnings expectations.
- Rationale: Positive earnings surprises often lead to increased investor confidence and short-term price gains.
Weekly Price Change Percentage (min: 3%):
- Purpose: Focus on stocks with recent upward momentum.
- Rationale: A minimum 3% weekly price increase suggests positive sentiment and potential continuation of the trend.
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.