Screening Filters & Rationale
Relative Volume (min: 1.1):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated volume often signals increased investor interest, which can precede short-term price movements.
Target Price Upside Potential (AbovePrice):
- Purpose: Focus on stocks with analyst target prices above the current price.
- Rationale: Indicates potential for price appreciation based on professional forecasts.
Moving Average Relationship (PriceAboveMA20, PriceAboveMA5):
- Purpose: Select stocks trading above their 5-day and 20-day moving averages.
- Rationale: Suggests a bullish trend and momentum in the short term.
Weekly Price Change Percentage (min: 0):
- Purpose: Filter for stocks with positive price performance over the past week.
- Rationale: Ensures focus on stocks already showing upward momentum.
Is Trending (True):
- Purpose: Highlight stocks currently trending in the market.
- Rationale: Trending stocks often attract more attention, increasing the likelihood of short-term upside.
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.