Plan to purchase one stock

Screening Filters

1. relative_vol > 1.5

   • Purpose: Find stocks with above-average trading activity.
   • Rationale: A stock that is moving with higher-than-normal volume is often showing stronger participation from traders. For a purchase plan on SNDK, this helps identify situations where the move is supported by real interest rather than thin, unreliable trading.

2. PriceAboveMA5 and PriceAboveMA20

   • Purpose: Confirm short- and medium-term upward momentum.
   • Rationale: If price is above both the 5-day and 20-day moving averages, the stock is trading in a short-term bullish trend. This is useful for a purchase plan because it suggests momentum is already positive rather than trying to catch a falling stock.

3. macd bullish

   • Purpose: Detect improving trend strength and momentum shift.
   • Rationale: A bullish MACD signal typically indicates that momentum is turning upward or remains constructive. This supports a buy-oriented setup by filtering for stocks where trend momentum aligns with the desired entry direction.

4. PriceBreakResistance

   • Purpose: Identify breakout candidates.
   • Rationale: Breaking resistance often signals that the stock has overcome a prior barrier where sellers were active. For someone planning to purchase SNDK, this is important because breakouts can lead to continuation if buying pressure remains strong.

5. 20_High

   • Purpose: Focus on stocks making fresh near-term highs.
   • Rationale: A 20-day high indicates the stock is showing recent strength and is in an upward move. This complements the breakout filter and helps find names with strong recent price action.

6. Technology

   • Purpose: Restrict results to the technology sector.
   • Rationale: Since the user is asking about SNDK, a technology-related stock, this theme filter keeps the screening aligned with the stock’s sector and avoids unrelated candidates.

Why Results Match:

• The filters collectively look for a stock that is already trending upward, not just hoping to reverse.
• They require momentum confirmation from both price action and indicators, which is appropriate for a purchase plan.
• The breakout and 20-day high filters help find stocks showing strength and potential continuation.
• The volume filter ensures the move has enough market participation to be meaningful.
• The technology theme keeps the screen relevant to the type of stock the user is asking about.

Overall, these filters are suitable because they identify technically strong, momentum-based buy setups—the kind of conditions typically preferred when planning a stock purchase like SNDK.