Screening Filters & Rationale
Relative Volume (min: 1.0):
- Purpose: Identifies stocks with trading activity higher than usual.
- Rationale: Elevated volume often signals increased investor interest or potential price movement.
RSI 14 (min: 20, max: 85):
- Purpose: Filters out overbought or oversold stocks.
- Rationale: Ensures the stock is neither excessively overvalued nor undervalued, aligning with balanced momentum strategies.
Price Above MA20:
- Purpose: Selects stocks trading above their 20-day moving average.
- Rationale: Indicates a short-term bullish trend, suggesting upward momentum.
Weekly Price Change % (min: 0):
- Purpose: Focuses on stocks with positive weekly performance.
- Rationale: Ensures the stock is gaining value recently, aligning with growth-focused strategies.
Is Trending (True):
- Purpose: Highlights stocks with consistent upward momentum.
- Rationale: Trending stocks are more likely to sustain their performance, appealing to momentum investors.
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.