Screening Filters & Rationale
Market Cap (300M - 2B):
- Purpose: Focuses on small-cap stocks within the specified range.
- Rationale: Small-cap stocks often have higher growth potential but align with the user's request to avoid large-cap stocks.
Relative Volume (Min: 1.5):
- Purpose: Identifies stocks with trading activity significantly above their average.
- Rationale: High relative volume can indicate increased investor interest, which may lead to short-term price movements.
Weekly Average Turnover (Min: 1M):
- Purpose: Ensures sufficient liquidity for ease of trading.
- Rationale: Stocks with higher turnover are less likely to experience large price swings due to low liquidity.
Moving Average Relationship (PriceAboveMA20):
- Purpose: Selects stocks trading above their 20-day moving average.
- Rationale: Indicates a bullish trend, aligning with the goal of short-term gains.
Weekly Price Change Percentage (Min: 0%):
- Purpose: Filters for stocks with positive or stable price performance over the past week.
- Rationale: Ensures the stock is not in a downtrend, supporting the potential for short-term gains.
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.