Screening Filters
Relative Volume ≥ 2 (relative_vol: {'min': '2'})
- Purpose: Find stocks trading with at least twice their normal volume.
- Rationale: Day traders look for unusual activity—high relative volume signals strong interest and increases the odds that a move is meaningful and tradable (tighter spreads, better fills, stronger follow‑through). If you’re asking for a day-trading signal on RBRK, a key question is: is there enough activity today to support an intraday trade? This filter directly addresses that.
3‑Minute Rate of Change ≥ 0.5% (three_min_rate_of_change: {'min': '0.5'})
- Purpose: Capture stocks that are already moving with short-term intraday momentum.
- Rationale: Day trading depends on immediate price movement, not just daily trends. A 0.5%+ move over three minutes is a sign of active, tradable momentum. To assess whether there is a day-trading signal in RBRK, you’d want to know if the stock is actually moving on a very short timeframe—this filter screens precisely for that behavior.
Price Breaking Above Resistance (support_resistance_relationship: ['PriceBreakResistance'])
- Purpose: Identify breakout setups where price has just moved above a known resistance level.
- Rationale: A common day-trading signal is a breakout through resistance, which can trigger stop orders and new buying, leading to fast moves. By requiring a “PriceBreakResistance” relationship, the screener is specifically looking for a classic intraday signal many day traders use as an entry trigger.
RSI Category: Moderate or Overbought (rsi_category: ['moderate', 'overbought'])
- Purpose: Ensure the stock has upward momentum but is not deeply oversold.
- Rationale: For long day trades, traders usually want strength, not weakness.
- Moderate RSI: Indicates a healthy up-move that may have more room to run.
- Overbought RSI: Often corresponds to strong momentum and breakouts; day traders may still trade this, aiming to ride the last leg of the move.
This filter aligns with seeking a bullish intraday signal rather than a dip-buy or reversal setup.
Price Change % Between 3% and 15% (price_change_pct: {'min': '3', 'max': '15'})
- Purpose: Target stocks that are moving enough to be interesting for day trading, but not so extreme that the move is likely exhausted or dangerously volatile.
- Rationale:
- ≥ 3%: Ensures the intraday move is big enough to matter for a day trader’s profit target.
- ≤ 15%: Excludes parabolic or news-driven spikes that can reverse violently and are harder to manage risk on.
This directly supports the idea of a tradable day-trading signal rather than a random, tiny move or an extreme, unstable one.
Why Results Match Your “Day Trading Signal” Request
- The filters collectively look for liquid, high‑volume stocks (like RBRK on an active day) where:
- There is strong short-term momentum (3‑minute ROC, price up 3–15%).
- The stock is making a technical breakout through resistance.
- Momentum indicators (RSI) confirm strength rather than weakness.
These are all core ingredients many traders use when they say they are looking for a day-trading signal, especially for bullish breakout setups like what you might want to see in RBRK.
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.