Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on large-cap and mid-cap stocks to ensure stability and lower risk.
- Rationale: Larger companies are generally more established and less volatile, aligning with long-term investment goals.
Relative Volume >= 1.5:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often signals strong investor interest and potential price momentum.
Weekly Average Turnover >= $1,000,000:
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover indicates active trading, reducing the risk of price slippage.
Price Cross Above 20-Month Moving Average:
- Purpose: Highlight stocks with a bullish technical signal.
- Rationale: Crossing above a long-term moving average suggests a potential upward trend.
Monthly Price Change >= 0%:
- Purpose: Filter for stocks with positive or stable recent performance.
- Rationale: Ensures the stock is not in a downtrend, aligning with growth-focused strategies.
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.