Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest or news-driven momentum.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Focus on liquid stocks with substantial trading value.
- Rationale: Ensures ease of entry and exit while reducing the impact of price slippage.
RSI 14 (min: 30, max: 70):
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: Helps identify stocks in a neutral momentum phase, reducing the risk of extreme price reversals.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price performance over the past week.
- Rationale: Focuses on stocks with upward momentum, aligning with growth-oriented strategies.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased volatility and potential for short-term gains.
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.