Screening Filters
week_price_change_pct (min: 5%):
- Purpose: To identify stocks that have shown a minimum price increase of 5% over the past week.
- Rationale: For short-term investments, stocks with recent upward momentum are often preferred. A 5% weekly price change ensures that only stocks with notable recent performance are considered.
relative_vol (min: 1.5):
- Purpose: To filter for stocks with trading volume at least 1.5 times their average volume.
- Rationale: Increased trading volume often indicates heightened investor interest or significant news, which can lead to short-term price movements. This aligns with the user's interest in short-term opportunities.
market_cap (min: $1 billion):
- Purpose: To focus on stocks with a market capitalization of at least $1 billion.
- Rationale: Larger-cap stocks tend to be more stable and less prone to extreme volatility compared to smaller-cap stocks. This ensures the user is presented with relatively safer short-term investment options.
rsi_category (moderate):
- Purpose: To select stocks with a moderate Relative Strength Index (RSI), avoiding overbought or oversold conditions.
- Rationale: Stocks with a moderate RSI are neither overextended nor undervalued in the short term, making them more balanced candidates for short-term investments.
moving_average_relationship (PriceAboveMA20):
- Purpose: To include stocks where the current price is above the 20-day moving average.
- Rationale: A price above the 20-day moving average indicates a short-term uptrend, which is a positive signal for short-term investors looking for growth opportunities.
Why Results Match:
- The filters collectively focus on stocks with recent positive momentum (week_price_change_pct, PriceAboveMA20) and increased investor interest (relative_vol).
- By including only large-cap stocks (market_cap), the screener ensures a balance between growth potential and stability, which is important for short-term investments.
- The RSI filter ensures that the selected stocks are not overbought or oversold, reducing the risk of entering a position at an unfavorable time.
These filters are well-suited to address the user's query about short-term investment opportunities by identifying stocks with strong recent performance, high trading activity, and favorable technical indicators.
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.