Screening Filters & Rationale
Relative Volume (min: 1.0):
- Purpose: Identify stocks with trading activity significantly higher than their average.
- Rationale: Elevated volume often signals increased interest or news, which can precede price movements.
RSI 14 (min: 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 MA20:
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: This indicates a short-term uptrend, aligning with potential for further gains.
Is Trending (False):
- Purpose: Avoid stocks already in a strong trend.
- Rationale: Reduces the risk of entering overextended positions, focusing on stocks with room to move.
Option Unusual Activity (True):
- Purpose: Highlight stocks with abnormal options trading activity.
- Rationale: Unusual options activity can signal insider knowledge or significant upcoming events.
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.