Screening Filters & Rationale
Analyst Consensus: Moderate Buy or Strong Buy:
- Purpose: To identify stocks with strong analyst support.
- Rationale: Stocks with favorable analyst ratings often indicate confidence in future performance.
RSI (14): Max 70:
- Purpose: To avoid overbought stocks.
- Rationale: An RSI below 70 suggests the stock is not overextended and may have room for growth.
Target Price Upside Potential: Above Current Price:
- Purpose: To focus on stocks with potential for price appreciation.
- Rationale: Stocks with a target price above the current price indicate potential upside based on analyst expectations.
Is Optionable: True:
- Purpose: To ensure the stock has options available for trading.
- Rationale: Optionable stocks provide flexibility for hedging or leveraging strategies.
Is Trending: True:
- Purpose: To identify stocks with strong current momentum.
- Rationale: Trending stocks often attract investor interest, which can drive further price movement.
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.