Screening Filters & Rationale
Relative Volume (min: 2):
- Purpose: Identify stocks with trading activity at least twice the average volume.
- Rationale: High relative volume indicates increased market interest, which may signal potential price movements.
P/E Ratio TTM (max: 15):
- Purpose: Focus on undervalued stocks with low price-to-earnings ratios.
- Rationale: A low P/E ratio suggests the stock may be undervalued relative to its earnings, aligning with a buy-low strategy.
RSI 14 (max: 25):
- Purpose: Target oversold stocks based on the Relative Strength Index.
- Rationale: An RSI below 25 indicates the stock may be oversold and poised for a potential rebound.
Price Below MA20:
- Purpose: Select stocks trading below their 20-day moving average.
- Rationale: This filter identifies stocks that may be temporarily undervalued and could revert to their mean.
Weekly Price Change % (max: -3):
- Purpose: Find stocks that have recently declined in price.
- Rationale: A recent price drop of more than 3% may present a buying opportunity if the stock is expected to recover.
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.