Screening Filters & Rationale
Market Cap >= $2 billion:
- Purpose: Focus on established companies with sufficient liquidity for short-term trades.
- Rationale: Larger market cap stocks tend to have more stable price movements and lower risk of manipulation.
Relative Volume >= 2:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often signals heightened interest and potential for short-term price movement.
RSI (14) between 40 and 70:
- Purpose: Target stocks that are neither overbought nor oversold, indicating potential for upward momentum.
- Rationale: This range suggests a balanced market sentiment, ideal for short-term buying opportunities.
Price Above 20-Day Moving Average:
- Purpose: Select stocks in a short-term uptrend.
- Rationale: A price above the 20-day moving average indicates bullish momentum and potential for further gains.
Weekly Price Change >= 4%:
- Purpose: Focus on stocks with strong recent performance.
- Rationale: A significant weekly price increase suggests positive momentum and potential for continued short-term growth.
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.