Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Elevated volume often signals increased investor interest, which can precede bullish price movements.
RSI (14) (min: 58, max: 62):
- Purpose: Focus on stocks with RSI in a slightly overbought range.
- Rationale: This range suggests bullish momentum without being overextended, reducing the risk of a reversal.
Moving Average Relationship (PriceAboveMA5, PriceAboveMA20):
- Purpose: Highlight stocks with short-term and medium-term bullish trends.
- Rationale: Prices above these moving averages indicate upward momentum and potential for continued growth.
1-Month Price Change Percentage (min: 7%):
- Purpose: Select stocks with strong recent performance.
- Rationale: A significant monthly price increase reflects positive sentiment and potential for sustained bullish trends.
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.