Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest, which can signal potential bullish momentum.
RSI 14 (min: 30, max: 70):
- Purpose: Focus on stocks that are neither overbought nor oversold.
- Rationale: This range suggests a balanced momentum, reducing the risk of extreme price reversals.
Price Cross Above MA20:
- Purpose: Highlight stocks where the price has recently moved above the 20-day moving average.
- Rationale: This is a common bullish signal indicating a potential upward trend.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price performance over the past week.
- Rationale: Positive weekly performance suggests recent strength and potential continuation of bullish trends.
Option Sentiments (Bullish):
- Purpose: Focus on stocks with bullish sentiment in the options market.
- Rationale: Bullish options activity often reflects positive expectations from informed investors.
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.