Screening Filters & Rationale
Price (Min: $0.20, Max: $0.40):
- Purpose: To identify low-priced stocks within the specified range.
- Rationale: This ensures the selection aligns with the user's budget and focus on penny stocks.
Relative Volume (Min: 1.5):
- Purpose: To find stocks with trading activity significantly higher than their average.
- Rationale: High relative volume indicates increased market interest, which may signal potential price movement.
Weekly Average Turnover (Min: 1,000,000):
- Purpose: To ensure liquidity and ease of trading.
- Rationale: Stocks with high turnover are less likely to face liquidity issues, making them more suitable for active trading.
RSI 14 (Min: 10, Max: 90):
- Purpose: To avoid overbought or oversold stocks.
- Rationale: This range excludes extreme RSI values, reducing the risk of entering trades at unsustainable price levels.
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.