Provide top 10 stocks correlated to skyq

Screening Filters

1. RSI Category = “Overbought”

   • Purpose: Find stocks that are in a similar technical regime as SKYQ (very strong upside momentum / potentially exhausted short term).
   • Rationale:
     • Your technical data shows SKYQ has an RSI_6 ≈ 94, which is deeply overbought.
     • By restricting to “overbought” names, the screener is approximating “correlated behavior” in terms of recent price action: names that have also run very hard and are technically stretched like SKYQ.
     • While this is not a statistical correlation coefficient, it captures a similar momentum profile.

2. 1‑Month Price Change ≥ +50% (month_price_change_pct: {'min': '50'})

   • Purpose: Isolate stocks that have had a large upside move recently, like SKYQ.
   • Rationale:
     • SKYQ’s chart and RSI indicate a sharp recent run-up.
     • Requiring at least +50% over the last month focuses on parabolic / high‑momentum names, which tend to trade together (high beta, crowded momentum, similar flows).
     • This is another way of approximating “correlated with SKYQ” through similar return pattern and speed of move.

3. Sector in Tech & Communication (sector: Software & IT Services, Technology, Technology Equipment, Telecommunications Services)

   • Purpose: Keep results within growth / tech‑adjacent sectors that are more likely to move with similar macro and sentiment drivers as SKYQ.
   • Rationale:
     • Correlations are usually strongest within the same or closely related sectors because companies share business models, customer bases, and macro sensitivities.
     • By limiting to Software, broader Technology, Tech Equipment, and Telecom Services, the screener looks for names that:
       • React similarly to interest rates, risk-on / risk-off sentiment, and tech sector flows.
       • Are typically higher growth, higher volatility – closer to SKYQ’s risk/return profile.

4. Exchange = XNYS, XNAS, XASE (list_exchange: NYSE, NASDAQ, AMEX)

   • Purpose: Restrict to U.S.-listed, relatively liquid, mainstream stocks.
   • Rationale:
     • SKYQ trades on a major U.S. exchange; pulling from the same exchanges ensures:
       • Similar trading hours and U.S. macro sensitivity.
       • Better data quality and tradability, which matters for any practical use of “correlated” names (pairs trades, baskets, hedges, etc.).

Why These Filters Address Your Request

• You asked for “top 10 stocks correlated to SKYQ.”
• The screener does not currently support screening by a direct price correlation coefficient (e.g., 6‑month or 1‑year Pearson correlation vs. SKYQ).
• Instead, we approximate correlation using behavioral and structural similarities:
  • Same macro/sector drivers → via sector filters.
  • Similar recent performance and momentum regime → via RSI = overbought and ≥ +50% 1‑month performance.
  • Same market venue and investor base → via U.S. major exchanges.

So while the results are not literally the top 10 by statistical correlation, they should surface stocks that are likely to trade in a similar way to SKYQ right now: high‑momentum, overbought, tech‑oriented names on major U.S. exchanges.