Screening Filters
Price: $20–$120
- Purpose: Focus on mid‑priced, “tradable” US stocks rather than penny stocks or very high‑priced names.
- Rationale:
- Below ~$20 you often get lower‑quality or more speculative companies; spreads and volatility can be less predictable.
- Above ~$120, position sizing becomes less flexible for smaller portfolios and options can be more expensive.
- This range is a practical sweet spot for finding stocks suitable for a specific trade idea in a typical retail account.
Monthly Average Dollar Volume: ≥ $2,000,000
- Purpose: Ensure the stocks are liquid enough to enter and exit trades without huge slippage.
- Rationale:
- Dollar volume (price × shares traded) ≥ $2M/month filters out very thinly traded stocks.
- Better liquidity generally means tighter bid–ask spreads, more reliable chart patterns, and less risk of getting “stuck” in a position.
- For a “specific trade” recommendation, liquidity is critical so the user can realistically execute the idea.
Moving Average Relationship: PriceAboveMA20
- Purpose: Find stocks with price trading above their 20‑day moving average (a short‑term trend filter).
- Rationale:
- Price above the 20‑day MA usually signals short‑term upward momentum or at least a constructive trend.
- For a buy‑side trade, this avoids names in clear short‑term downtrends, aligning the trade idea with existing positive price action.
- It increases the probability that you’re trading with the trend rather than against it.
RSI Category: Moderate
- Purpose: Target stocks that are neither overbought nor oversold on the Relative Strength Index.
- Rationale:
- “Moderate” RSI avoids extremes (e.g., very high RSI that may indicate overbought / due for a pullback, or very low RSI that may signal ongoing weakness).
- For a new trade idea, this aims for a more balanced risk/reward entry point rather than chasing stretched moves.
Is Index Component: GSPC (S&P 500)
- Purpose: Restrict the universe to S&P 500 companies.
- Rationale:
- S&P 500 members are generally larger, more established, and more liquid than the broader market.
- This reduces idiosyncratic risk (tiny or questionable companies) and focuses on mainstream US names that are more appropriate for many investors.
- For suggesting a specific trade, these are the kinds of companies most users can trade easily in a standard US brokerage account.
Why Results Match the User’s Request
- The user wants a specific trade in the US stock market. These filters narrow the universe to liquid, mid‑priced S&P 500 stocks that are in short‑term uptrends and not in technical extremes, making them realistic, actionable candidates for a buy‑side idea.
- By combining liquidity, price range, trend (PriceAboveMA20), and balanced momentum (moderate RSI), the screener is designed to surface practical, higher‑quality setups that can be turned into a concrete trade, rather than speculative or hard‑to‑trade names.
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.