Screening Filters & Rationale
Market Cap (min: $10B, max: $100B):
- Purpose: Focus on mid-to-large-cap companies for balanced growth and stability.
- Rationale: This range targets companies with sufficient market presence while avoiding overly large or small caps that may not align with moderate risk profiles.
Relative Volume (min: 1.2):
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Elevated relative volume often signals increased investor interest or potential price movement.
Weekly Average Turnover (min: $1M):
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: A minimum turnover ensures the stock is actively traded, reducing the risk of illiquidity.
RSI 14 (max: 30):
- Purpose: Highlight oversold stocks with potential for price recovery.
- Rationale: An RSI below 30 suggests the stock may be undervalued and poised for a rebound.
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.