Stocks breaking 200 day moving average

Screening Filters & Rationale

1. Market Cap >= $2 billion:

   • Purpose: Focus on mid to large-cap stocks for stability and liquidity.
   • Rationale: Larger market cap stocks tend to have more consistent performance and lower volatility, aligning with risk-averse strategies.

2. Relative Volume >= 1.5:

   • Purpose: Identify stocks with significant recent trading activity.
   • Rationale: High relative volume indicates increased investor interest, often preceding price momentum.

3. Weekly Average Turnover >= $1 million:

   • Purpose: Ensure sufficient liquidity for ease of entry and exit.
   • Rationale: High turnover minimizes the risk of price slippage during trades.

4. PriceCrossAboveMA200 & PriceAboveMA20:

   • Purpose: Highlight stocks showing strong bullish momentum.
   • Rationale: Crossing above the 200-day moving average signals a long-term trend reversal, while staying above the 20-day moving average confirms short-term strength.