Screening Filters
is_index_component = GSPC
- Purpose: Limits the search to S&P 500 constituents.
- Rationale: The user specifically asked to analyze S&P 500 entry points, so this ensures the screening universe matches the request.
relative_vol >= 1.0
- Purpose: Finds stocks with at least normal-to-above-normal trading activity.
- Rationale: Entry points are more meaningful when there is sufficient participation and liquidity. Relative volume at or above 1.0 suggests the stock is trading at a pace consistent with or stronger than its recent average, which can confirm interest around a breakout or pullback entry.
monthly_average_dollar_volume >= 1
- Purpose: Ensures the stock is sufficiently tradable and liquid.
- Rationale: For entry analysis, liquidity matters because low-liquidity names can produce unreliable signals and wider spreads. This filter helps focus on stocks where entering and exiting positions is more practical.
moving_average_relationship = PriceCrossAboveMA20, PriceBreakResistance
- Purpose: Identifies stocks showing short-term bullish technical action.
- Rationale:
- PriceCrossAboveMA20 points to a stock moving above its 20-day moving average, often a sign of improving short-term momentum.
- PriceBreakResistance captures stocks breaking through a prior price ceiling, which is a classic entry trigger for traders looking for momentum continuation.
rsi_category = moderate
- Purpose: Filters for stocks that are neither oversold nor extremely overbought.
- Rationale: For entry points, a moderate RSI is often preferred because it suggests the stock has momentum without being excessively stretched. This can help avoid buying into a move that is already too extended.
comparison_between_indicators with price > ema_20 and price < ema_20
- Purpose: Intended to assess where price sits relative to the 20-day EMA.
- Rationale: In general, price relative to the 20-day EMA is a key short-term trend check. However, the two conditions shown here are contradictory as written: price cannot be both greater than and less than the 20-day EMA at the same time. This likely reflects a filter-building issue or an incomplete logic rule that should be corrected before use.
Why Results Match:
- The screen focuses on S&P 500 stocks, directly aligning with the user's universe.
- It looks for tradable, liquid stocks with meaningful volume, which is important when analyzing entry points.
- The technical filters target bullish setups such as a move above the 20-day average and resistance breaks, both common entry signals.
- The moderate RSI condition helps avoid chasing overextended moves.
- Overall, the screen is designed to surface higher-probability S&P 500 entry candidates based on trend, momentum, and liquidity.
Note: The last indicator-comparison rule appears internally inconsistent, so the screening logic would benefit from correction to avoid conflicting conditions.
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.