Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify assets with trading activity significantly higher than their average.
- Rationale: High relative volume indicates increased interest, which may lead to short-term price movements.
Beta (HighRisk):
- Purpose: Focus on high-risk assets with greater price volatility.
- Rationale: High beta stocks or cryptocurrencies are more likely to experience rapid price changes, suitable for short-term trading.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for quick entry and exit.
- Rationale: High turnover minimizes the risk of slippage and ensures trades can be executed efficiently.
RSI 14 (min: 30, max: 70):
- Purpose: Target assets that are neither overbought nor oversold.
- Rationale: RSI within this range suggests balanced momentum, reducing the risk of extreme price reversals.
5-Minute Price Change Percentage (min: 0):
- Purpose: Focus on assets with positive price momentum in the last 5 minutes.
- Rationale: Positive short-term price movement indicates potential for continued upward momentum.
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.