Stock

Screening Filters & Rationale

1. Relative Volume (min: 1.5):

   • Purpose: Identify stocks with trading activity significantly higher than usual.
   • Rationale: Elevated relative volume often signals increased interest or momentum, which is ideal for swing trading opportunities.

2. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure sufficient liquidity for entering and exiting positions efficiently.
   • Rationale: High turnover reduces the risk of slippage and ensures smoother trade execution.

3. RSI 14 (min: 30, max: 70):

   • Purpose: Focus on stocks that are neither overbought nor oversold.
   • Rationale: This range indicates balanced momentum, reducing the risk of extreme price reversals.

4. Moving Average Relationship (PriceAboveMA20):

   • Purpose: Target stocks with a bullish short-term trend.
   • Rationale: Prices above the 20-day moving average suggest upward momentum, aligning with swing trading strategies.

5. Week Price Change Percentage (min: 0):

   • Purpose: Select stocks with positive price movement over the past week.
   • Rationale: Positive weekly performance indicates recent strength, increasing the likelihood of continued upward movement.