Select me 3 with the most upside potential

Screening Filters

1. RSI Category: ['moderate', 'oversold']

   • Purpose: Focus on ETFs that are not overheated and may have room to rise.
   • Rationale:
     • “Moderate” RSI suggests price is neither overbought nor extremely weak, often a healthier zone for new entries.
     • “Oversold” RSI can indicate ETFs that have been beaten down and may be poised for a rebound, which is consistent with “upside potential.”
     • Excluding “overbought” avoids ETFs that have already run hard and may have more downside risk than upside.

2. Moving Average Relationship: ['PriceCrossAboveMA20', 'PriceBelowMA200']

   • Purpose: Identify ETFs that may be in the early stages of a short‑term uptrend, but still depressed versus long‑term levels.
   • Rationale:
     • PriceCrossAboveMA20:
       • The ETF’s price has just crossed above its 20‑day moving average, a classic short‑term bullish signal suggesting momentum is turning up.
     • PriceBelowMA200:
       • Price is still below the longer‑term 200‑day moving average, meaning the ETF is still in a broader downtrend or recovery phase.
       • This combo (short‑term turn up while still below long‑term average) often highlights “early recovery” situations with potentially larger upside if a full trend reversal develops.

3. Quarter Price Change %: {'min': '0'}

   • Purpose: Require at least non‑negative recent performance to avoid persistent losers.
   • Rationale:
     • A minimum of 0% over the last quarter means the ETF is not continuing to slide; it has at least stabilized or started to recover.
     • This balances “cheap with potential” (from oversold / below MA200) against the risk of catching an ETF that is still in free fall.

4. YTD Price Change %: {} (no constraint)

   • Purpose: Allow flexibility in year‑to‑date performance so both laggards and recent winners with upside can appear.
   • Rationale:
     • Not filtering on YTD performance means you don’t exclude ETFs that have had a weak year but are now turning around (which can offer upside), or strong year‑to‑date names that are pausing but still have structural growth drivers.
     • This keeps the universe broad while the other technical filters do the heavy lifting.

5. Themes: ['Technology Equities', 'Emerging Markets Equities', 'Health & Biotech Equities', 'Consumer Discretionary Equities', 'Large Cap Growth Equities', 'Mid Cap Growth Equities', 'Small Cap Growth Equities']

   • Purpose: Concentrate on higher‑growth, higher‑beta segments of the market where upside potential is typically greater.
   • Rationale:
     • Technology, Health & Biotech, Consumer Discretionary often host innovative or cyclical companies whose earnings can grow faster—this is where strong upside moves commonly occur.
     • Emerging Markets can be more volatile but can also offer strong growth and re‑rating potential.
     • Large/Mid/Small Cap Growth tilts the search toward growth‑oriented ETFs, not value or defensive sectors, aligning with “most upside potential” rather than stability or income.

6. Expense Ratio: {'max': '0.75'}

   • Purpose: Avoid high‑fee ETFs that can erode returns over time.
   • Rationale:
     • Even if an ETF has upside, high expenses reduce net performance.
     • A 0.75% cap keeps the list focused on reasonably priced products, increasing the chance that you actually capture the upside if it materializes.

7. Sorting: quarter_price_change_pct desc, then ytd_price_change_pct desc

   • Purpose: Rank ETFs so those with the strongest recent performance appear first.
   • Rationale:
     • Strong recent quarterly performance, combined with your other technical filters, highlights ETFs where upside momentum may already be starting.
     • Using YTD performance as a secondary sort helps prioritize ETFs with more sustained strength over just a very short burst.

8. Pagination: page = 1, size = 50 & Selection of 3 ETFs

   • Purpose:
     • Pull a broad first page of candidates (up to 50) matching the filters.
     • From these, 3 ETFs with the strongest combination of these factors can then be selected as having the highest relative upside potential.

9. Follow-up Analysis: True

   • Purpose: Enable deeper review of the shortlisted ETFs (fund composition, risk, sector exposure, etc.) after the screen.
   • Rationale:
     • Upside potential isn’t just technical; fundamental and thematic analysis matter. Turning this on signals that the next step is to analyze the few selected ETFs more closely.

Why Results Match “ETFs with the Most Upside Potential”

• The screen targets growth‑oriented, higher‑volatility segments (tech, biotech, EM, consumer, growth caps) where upside moves are more common.
• Technical filters (oversold/moderate RSI, price crossing above 20‑day MA while below 200‑day MA) seek ETFs that are early in a possible recovery or new uptrend, which is where upside can be largest.
• Requiring at least non‑negative quarterly performance avoids names still in clear decline while still allowing for “turnaround” opportunities.
• Capping expense ratios improves the chance that you actually benefit from any upside that occurs.

Together, these filters don’t guarantee big gains, but they systematically narrow the list to ETFs that, based on technicals, sector focus, and costs, offer relatively higher upside potential compared with the broader ETF universe.