Screening Filters & Rationale
Market Cap > $1B:
- Purpose: Focus on larger, more stable companies with significant market presence.
- Rationale: Ensures investments are in established firms, reducing risk associated with smaller, volatile companies.
Relative Volume > 3:
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often signals increased investor interest or news-driven momentum.
Weekly Average Turnover > $1M:
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover indicates active trading, reducing the risk of price slippage.
RSI (14) > 70:
- Purpose: Highlight overbought stocks potentially experiencing strong upward momentum.
- Rationale: RSI above 70 suggests bullish sentiment, aligning with momentum-based strategies.
Weekly Price Change > 15%:
- Purpose: Capture stocks with significant short-term price appreciation.
- Rationale: Large price changes can indicate strong trends or catalysts driving performance.
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.