Screening Filters & Rationale
Market Cap >= $1 billion:
- Purpose: Focus on larger, more stable companies with significant market presence.
- Rationale: Ensures the selection of stocks with sufficient liquidity and reduced volatility compared to smaller-cap stocks.
Price Change Percentage >= 10%:
- Purpose: Identify stocks with significant price movement today.
- Rationale: Highlights stocks experiencing strong upward momentum, aligning with the user's interest in 10%+ daily gains.
Relative Volume >= 1.5:
- Purpose: Filter for stocks with trading activity significantly above their average.
- Rationale: Indicates heightened investor interest and potential catalysts driving the price movement.
Weekly Average Turnover >= $1,000,000:
- Purpose: Ensure selected stocks have adequate trading volume for liquidity.
- Rationale: Reduces the risk of illiquid stocks, making it easier to enter and exit positions efficiently.
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.