Screening Filters & Rationale
Market Cap ≥ $10 billion:
- Purpose: Focus on large-cap stocks for stability and lower risk.
- Rationale: Large-cap companies are typically more established and less volatile, aligning with long-term growth or stability-focused strategies.
Weekly Average Turnover ≥ $1 million:
- Purpose: Ensure liquidity for ease of buying and selling.
- Rationale: High turnover indicates active trading, reducing the risk of price slippage during transactions.
RSI (14) between 30 and 70:
- Purpose: Identify stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, avoiding extreme price movements that could signal instability.
Weekly Price Change ≥ 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Positive price changes indicate upward momentum or resilience, aligning with growth-oriented strategies.
Trending Stocks:
- Purpose: Highlight stocks with increased market interest or attention.
- Rationale: Trending stocks often experience higher demand, which can drive short-term price appreciation.
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.