Screening Filters
Market Cap ≥ $5,000,000,000
- Purpose: Focus on larger, established companies.
- Rationale:
- Bigger companies tend to have more stable trends and less random price “noise” than tiny microcaps.
- For identifying reliable uptrends, large- and mid-cap stocks are usually better because their price moves are more likely driven by fundamentals and institutional participation, not illiquidity or speculation.
Monthly Average Dollar Volume ≥ $1,000,000
- Purpose: Ensure the stocks are sufficiently liquid and actively traded.
- Rationale:
- A minimum dollar volume filter removes thinly traded names where prices can move on very small orders, creating misleading “trends.”
- In an uptrend search, decent liquidity supports the idea that the move is backed by real buying demand and that investors can enter/exit without extreme slippage.
PriceAboveMA20 (Price above 20-day moving average)
- Purpose: Capture short-term upward momentum.
- Rationale:
- The 20-day moving average is a common short-term trend indicator (about one trading month).
- If the current price is above the 20-day MA, it suggests the stock is in a short-term uptrend or at least in a positive momentum phase, aligning with "currently on an uptrend."
PriceAboveMA200 (Price above 200-day moving average)
- Purpose: Confirm a long-term uptrend.
- Rationale:
- The 200-day MA is one of the most widely used measures of a stock’s long-term trend.
- Price trading above the 200-day MA is a classic definition of a bullish long-term trend, helping exclude stocks that are only bouncing in a broader downtrend.
Quarter Price Change % ≥ 60%
- Purpose: Require strong recent performance over the last ~3 months.
- Rationale:
- A minimum +60% move over the past quarter is a strong momentum threshold, ensuring we’re not just picking mildly rising stocks but those with a significant recent uptrend.
- This aligns with finding stocks “currently on an uptrend” in a meaningful way, not just marginally higher prices.
List Exchange in [XNYS, XNAS, XASE] (NYSE, NASDAQ, NYSE American)
- Purpose: Restrict results to major US stock exchanges.
- Rationale:
- The user asked for the US market, and these are the primary US listing venues.
- This filter ensures we exclude OTC or foreign exchanges and stay within the mainstream US equity universe.
Why Results Match Your Request
- The moving average filters (20-day and 200-day) directly target stocks that are above both short- and long-term trend lines, a standard technical definition of being in an uptrend.
- The quarterly price change ≥ 60% ensures the trend is not only technically up but also strong and recent, reflecting clear upward momentum.
- The market cap and liquidity filters refine the universe to tradable, established US stocks, reducing noise from illiquid or highly speculative names.
- Limiting to NYSE, NASDAQ, and NYSE American guarantees that the results are indeed from the US stock market, consistent with your request.
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.