Screening Filters & Rationale
Market Cap >= $20B:
- Purpose: Focus on large-cap stocks with established market presence.
- Rationale: Large-cap companies are generally more stable and less volatile, aligning with a preference for reliable performers.
Relative Volume >= 2:
- Purpose: Identify stocks with significantly higher trading activity than usual.
- Rationale: Increased volume often indicates strong investor interest and potential momentum.
Weekly Average Turnover >= $10M:
- Purpose: Ensure liquidity for ease of entry and exit in trades.
- Rationale: High turnover reflects active trading, reducing the risk of illiquidity.
RSI (14) between 40 and 60:
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests a balanced momentum, avoiding extreme price movements.
Quarterly Price Change > 0%:
- Purpose: Focus on stocks with positive price performance over the last quarter.
- Rationale: Positive quarterly performance indicates recent upward trends, aligning with the goal of finding "winning" stocks.
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.