Screening Filters & Rationale
Price (min: $0.50, max: $2.00):
- Purpose: Identify low-priced stocks within the specified range.
- Rationale: Focuses on affordable stocks suitable for small-cap or speculative investment strategies.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with trading activity significantly above their average.
- Rationale: Increased volume often indicates heightened investor interest or potential price movement.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High turnover reduces the risk of illiquidity and ensures smoother trade execution.
RSI 14 (min: 40, max: 60):
- Purpose: Target stocks with neutral momentum, avoiding overbought or oversold conditions.
- Rationale: A balanced RSI suggests potential for steady performance without extreme volatility.
Monthly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive or stable price trends over the past month.
- Rationale: Positive momentum can indicate improving fundamentals or market sentiment.
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.