Screening Filters & Rationale
Market Cap (300M - 2B):
- Purpose: Focus on small-cap stocks.
- Rationale: Targets companies with growth potential while staying within the small-cap range.
Price Change Percentage (> 0):
- Purpose: Identify stocks with positive price momentum.
- Rationale: Ensures selected stocks are showing upward price movement today.
Relative Volume (> 1.5):
- Purpose: Highlight stocks with increased trading activity.
- Rationale: Indicates heightened investor interest, often linked to bullish trends.
Beta (High Risk):
- Purpose: Focus on high-risk, high-reward stocks.
- Rationale: High beta stocks tend to outperform in bullish market conditions.
Weekly Average Turnover (> 2M):
- Purpose: Ensure liquidity for ease of trading.
- Rationale: High turnover reflects active trading and reduces the risk of illiquidity.
RSI (50-70):
- Purpose: Identify stocks in a bullish but not overbought zone.
- Rationale: RSI in this range suggests upward momentum without being overextended.
Moving Average Relationship (Price Above MA20 & MA200):
- Purpose: Confirm long-term and short-term bullish trends.
- Rationale: Price above these moving averages signals sustained upward momentum.
Weekly Price Change Percentage (> 0):
- Purpose: Focus on stocks with positive weekly performance.
- Rationale: Ensures the stock has been consistently bullish over the past week.
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.