Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest, which can signal short-term price momentum.
RSI 14 (min: 30, max: 70):
- Purpose: Focus on stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the risk of extreme price reversals.
Price Above MA5:
- Purpose: Select stocks trading above their 5-day moving average.
- Rationale: Indicates short-term bullish momentum, aligning with a strong short-term buy strategy.
Weekly Price Change % (min: 0):
- Purpose: Filter for stocks with positive price performance over the past week.
- Rationale: Positive weekly performance suggests recent upward momentum, supporting short-term gains.
Is Trending (True):
- Purpose: Focus on stocks currently trending in the market.
- Rationale: Trending stocks often attract more attention and liquidity, increasing the likelihood of short-term price movements.
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.