Screening Filters & Rationale
Market Cap >= $1B:
- Purpose: Focus on established companies or assets with significant market capitalization.
- Rationale: Larger market cap reduces risk and ensures liquidity for potential price movements.
Relative Volume >= 2.0:
- Purpose: Identify assets experiencing higher-than-average trading activity.
- Rationale: Increased volume often signals heightened investor interest and potential price momentum.
RSI (14) between 60 and 70:
- Purpose: Target assets with moderate upward momentum without being overbought.
- Rationale: RSI in this range suggests a bullish trend while avoiding overextended conditions.
Price Above 20-Day Moving Average:
- Purpose: Focus on assets in a short-term uptrend.
- Rationale: Price above the 20-day MA indicates positive momentum and potential for continued gains.
Weekly Price Change >= 0%:
- Purpose: Ensure selected assets have shown positive or stable performance recently.
- Rationale: Positive weekly performance reflects current strength and aligns with short-term gain expectations.
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.