Screening Filters & Rationale
Market Cap (max: $500,000,000):
- Purpose: Focus on smaller companies with high growth potential.
- Rationale: Penny stocks typically have lower market caps, aligning with the user's interest in this category.
Price (max: $5):
- Purpose: Identify stocks that qualify as penny stocks based on price.
- Rationale: Stocks priced under $5 are commonly classified as penny stocks, meeting the user's request.
Relative Volume (min: 1.5):
- Purpose: Highlight stocks with significant recent trading activity.
- Rationale: A relative volume above 1.5 indicates increased interest and potential momentum.
Weekly Average Turnover (min: $1,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: High turnover minimizes the risk of illiquidity, making the stock more accessible for transactions.
Weekly Price Change Percentage (min: 0%):
- Purpose: Focus on stocks with positive or stable price performance.
- Rationale: A non-negative price change suggests stability or upward momentum, aligning with growth-focused 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.