Screening Filters & Rationale
Market Cap ≥ $5 billion:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Larger companies tend to have more stability and liquidity, aligning with risk-averse investment strategies.
Short Ratio < 10%:
- Purpose: Identify stocks with lower short interest.
- Rationale: Low short interest indicates positive market sentiment and reduced risk of short squeezes.
Weekly Average Turnover ≥ 1,000,000:
- Purpose: Ensure sufficient trading volume for liquidity.
- Rationale: High turnover reduces the risk of price manipulation and ensures ease of entry/exit.
RSI (14) between 40 and 60:
- Purpose: Target stocks in a neutral momentum range.
- Rationale: This range suggests neither overbought nor oversold conditions, aligning with balanced investment strategies.
Price Above 20 EMA:
- Purpose: Focus on stocks in an uptrend.
- Rationale: Price above the 20 EMA indicates positive momentum and potential for continued growth.
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.