Screening Filters
Market Cap ≥ $300M
- Purpose: Focus on established, more stable companies.
- Rationale: Golden cross patterns on very small microcaps or “story stocks” are often driven by illiquidity or hype. A $300M+ market cap threshold helps weed out the most speculative names so that the technical pattern is more likely to reflect real institutional interest and fundamentals.
Share Price ≥ $3
- Purpose: Exclude penny stocks and extremely low-priced shares.
- Rationale: Golden cross–type signals in sub-$3 stocks can be noisy and easily manipulated. By setting a minimum price, the screener targets securities where the pattern is more meaningful and where slippage/spreads are usually narrower.
Monthly Average Dollar Volume ≥ $500,000
- Purpose: Ensure sufficient liquidity.
- Rationale: A golden crossover is more reliable when it occurs in stocks that trade real money volume every day. The $500k+ dollar volume filter ensures that:
- You can realistically enter and exit positions.
- The moving averages are based on a healthy number of traded shares, not a few thin prints.
Moving Average Relationship: PriceCrossAboveMA200
- Purpose: Capture the key “crossover” event.
- Rationale: A classic golden cross is when a shorter-term moving average (often the 50-day) crosses above a longer-term one (often the 200-day), signaling a potential shift from downtrend to uptrend.
PriceCrossAboveMA200 is picking up a closely related technical signal: the price itself has just moved from below to above its 200-day moving average.
- In practice, this often coincides with or precedes the 50/200-day golden cross and serves as a strong trend-change clue.
Moving Average Relationship: PriceAboveMA200
- Purpose: Confirm the emerging uptrend.
- Rationale: After the crossover event, you want the stock to be trading above its long-term trend line (the 200-day MA), not whipsawing back below it.
- This filter ensures you’re seeing stocks where the price remains in a bullish posture, consistent with the intent of trading a golden cross setup rather than a failed signal.
Why Results Match the “Golden Crossover” Idea
- The moving-average relationship filters are directly aligned with the core concept: a shift from below to above a key long-term moving average, consistent with a trend reversal like a golden cross.
- The market cap, price, and liquidity filters refine the universe to more tradable, higher-quality names where the crossover pattern is more likely to be meaningful and actionable, rather than random noise in illiquid or ultra-speculative stocks.
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.