Screening Filters & Rationale
Market Cap >= $1B:
- Purpose: Focus on large and mid-cap stocks with established market presence.
- Rationale: Larger companies tend to have more stability and liquidity, aligning with bullish investment strategies.
RSI (14) <= 70:
- Purpose: Avoid overbought stocks to reduce the risk of short-term pullbacks.
- Rationale: RSI below 70 indicates the stock is not excessively overvalued, supporting sustainable bullish momentum.
Price Above 20-Day Moving Average:
- Purpose: Identify stocks in a short-term uptrend.
- Rationale: Price above the 20-day moving average suggests positive momentum and potential for continued growth.
1-Month Price Change >= 0%:
- Purpose: Ensure stocks have shown recent positive performance.
- Rationale: Positive price change over the past month indicates bullish sentiment and aligns with upward trends.
Index Component (GSPC, NDX, DJI):
- Purpose: Focus on stocks within major US indices for quality and reliability.
- Rationale: Stocks in these indices are typically well-established and align with a strong bullish outlook.
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.