Screening Filters & Rationale
Analyst Consensus: Strong Buy:
- Purpose: Identify stocks or assets with the highest analyst confidence.
- Rationale: Strong Buy ratings indicate a consensus among analysts for significant upside potential.
Relative Volume (min 1.5):
- Purpose: Focus on assets with increased trading activity compared to their average.
- Rationale: Higher relative volume suggests heightened investor interest, which can drive short-term price movements.
Beta: Moderate Risk:
- Purpose: Target assets with moderate volatility for balanced risk and reward.
- Rationale: Moderate beta ensures the asset is responsive to market movements without excessive risk.
Weekly Average Turnover (min 1,000,000):
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: High turnover reflects active trading, reducing the risk of slippage during swing trades.
Weekly Price Change Percentage (min 6.5%):
- Purpose: Select assets with strong recent price momentum.
- Rationale: Significant weekly price gains indicate upward momentum, aligning with swing trading strategies.
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.