Screening Filters & Rationale
Market Cap >= $10 billion:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap stocks tend to be more stable and less volatile, aligning with bullish trends.
Relative Volume >= 1.8:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often signals strong investor interest and potential price momentum.
RSI (14) between 55 and 70:
- Purpose: Target stocks in a moderate bullish momentum zone without being overbought.
- Rationale: RSI in this range suggests upward movement while avoiding overextended conditions.
Price Above 20-Day Moving Average:
- Purpose: Highlight stocks with current prices trending above short-term averages.
- Rationale: This indicates a bullish trend and potential for continued upward movement.
Monthly Price Change >= 3%:
- Purpose: Focus on stocks with strong recent performance.
- Rationale: A positive monthly price change reflects sustained bullish 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.