Screening Filters & Rationale
Market Cap (1B - 50B):
- Purpose: Focus on mid-cap stocks with potential for growth and liquidity.
- Rationale: Mid-cap stocks often provide a balance between stability and growth, suitable for short-term trading opportunities.
Relative Volume (≥ 1.5):
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Elevated relative volume indicates increased market interest, which can lead to short-term price movements.
Earnings Date (2023-11-01 to 2023-11-08):
- Purpose: Target stocks with upcoming earnings announcements.
- Rationale: Earnings reports often act as catalysts for short-term price volatility, aligning with daily earnings strategies.
RSI 14 (≥ 50):
- Purpose: Focus on stocks with positive momentum.
- Rationale: An RSI above 50 suggests bullish sentiment, increasing the likelihood of upward price movement.
Price Above MA5:
- Purpose: Select stocks currently trading above their 5-day moving average.
- Rationale: This indicates short-term bullish momentum, aligning with the goal of capturing daily earnings.
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.