Screening Filters & Rationale
Price ($1 to $4):
- Purpose: Identify low-priced stocks within the specified range.
- Rationale: Focuses on affordable stocks that may appeal to value-oriented or small-cap investors.
Relative Volume (≥ 1.5):
- Purpose: Highlight stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often indicates heightened investor interest or potential price movement.
RSI (14) (65 to 70):
- Purpose: Select stocks nearing overbought levels but not excessively so.
- Rationale: Indicates bullish momentum while avoiding extreme overvaluation.
Price Above MA20:
- Purpose: Ensure the stock price is trending above its 20-day moving average.
- Rationale: Confirms a short-term upward trend, aligning with bullish sentiment.
1-Month Price Change (≥ 10%):
- Purpose: Identify stocks with strong recent performance.
- Rationale: Demonstrates positive momentum over the past month, supporting a bullish outlook.
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.