Strong short terrm stocks

Screening Filters & Rationale

1. Relative Volume (min: 1.7):

   • Purpose: Identify stocks with trading activity significantly higher than usual.
   • Rationale: Elevated relative volume often signals increased market interest, which can drive short-term price movements.

2. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure sufficient liquidity for short-term trades.
   • Rationale: High turnover reduces the risk of slippage and ensures ease of entry and exit.

3. RSI (14) (min: 38, max: 62):

   • Purpose: Target stocks in a neutral RSI range, avoiding overbought or oversold conditions.
   • Rationale: This range suggests potential for upward momentum without being overextended.

4. Price Above MA20:

   • Purpose: Focus on stocks with bullish short-term trends.
   • Rationale: Prices above the 20-day moving average indicate upward momentum, aligning with short-term gains.

5. Weekly Price Change % (min: 3):

   • Purpose: Select stocks with notable recent price appreciation.
   • Rationale: A minimum 3% weekly gain highlights stocks with strong short-term performance.