Screening Filters & Rationale
Market Cap ≥ $1 billion:
- Purpose: Focus on established companies with significant market presence.
- Rationale: Larger market cap often indicates stability and reduced risk compared to smaller companies.
Relative Volume ≥ 1.2:
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume can signal strong investor interest or potential price movement.
RSI (14) between 20 and 80:
- Purpose: Avoid overbought or oversold stocks.
- Rationale: This range ensures the stock is neither excessively overvalued nor undervalued, aligning with balanced investment strategies.
Weekly Price Change ≥ 0%:
- Purpose: Focus on stocks with positive or stable recent performance.
- Rationale: Positive weekly performance may indicate upward momentum or resilience.
Trending Stocks:
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience increased liquidity 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.