Screening Filters & Rationale
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.
Relative Volume >= 1.5:
- Purpose: Identify stocks with significant recent trading activity.
- Rationale: High relative volume indicates increased investor interest, often preceding price momentum.
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.
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.
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.