Price under $5

Screening Filters & Rationale

1. Market Cap under $10 billion:

   • Purpose: Focus on small to mid-cap stocks for higher growth potential.
   • Rationale: Smaller companies often exhibit higher volatility and growth opportunities, aligning with a high-risk, high-reward strategy.

2. Price under $5:

   • Purpose: Target low-priced stocks for affordability and potential upside.
   • Rationale: Stocks under $5 are often undervalued or in early growth stages, appealing to investors seeking high returns.

3. Relative Volume above 1.5:

   • Purpose: Identify stocks with increased trading activity.
   • Rationale: High relative volume indicates strong investor interest, which can signal momentum or upcoming price movements.

4. High Beta:

   • Purpose: Select stocks with higher sensitivity to market movements.
   • Rationale: High beta stocks are more volatile, offering greater potential for returns in bullish markets.

5. RSI 14 above 70:

   • Purpose: Focus on stocks in overbought territory to capture momentum.
   • Rationale: RSI above 70 suggests strong upward momentum, which can indicate continued price increases.

6. Price above MA20:

   • Purpose: Ensure stocks are in a short-term uptrend.
   • Rationale: Price above the 20-day moving average confirms bullish momentum, aligning with a momentum-based strategy.