Screening Filters & Rationale
52-Week High (new_high_low = "52w_High"):
- Purpose: Identify stocks trading at or near their highest price in the past year.
- Rationale: Securities making 52-week highs often reflect strong momentum and market leadership, aligning with the goal of finding “top” performers at their peak levels.
Weekly Average Turnover ≥ 15,000,000 (weekly_average_turnover = {"min": "15000000"}):
- Purpose: Ensure selected stocks have high trading liquidity.
- Rationale: High turnover reduces trading frictions and improves execution quality, which is especially important when targeting fast-moving, high-momentum names.
Exchange = NASDAQ (list_exchange = ["XNAS"]):
- Purpose: Restrict the universe strictly to NASDAQ-listed stocks.
- Rationale: This keeps the results aligned with the user’s request and focuses on the tech- and growth-heavy NASDAQ market.
Price Above 200-Day Moving Average (moving_average_relationship = ["PriceAboveMA200"]):
- Purpose: Filter for stocks in established long-term uptrends.
- Rationale: Trading above the 200-day moving average signals sustained strength rather than short-lived price spikes, reinforcing the “top performer” profile.
3-Month Price Change ≥ 40% (quarter_price_change_pct = {"min": "40"}):
- Purpose: Capture stocks with very strong recent performance.
- Rationale: A ≥40% gain over the last quarter targets high-momentum leaders that have significantly outperformed the broader market in the short to medium term.
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.