Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased investor interest, which can lead to short-term price movements.
RSI 14 (max: 70):
- Purpose: Focus on stocks that are not yet overbought.
- Rationale: An RSI below 70 suggests potential for further upward movement without being overextended.
Price Above MA5:
- Purpose: Select stocks with current prices above their 5-day moving average.
- Rationale: This indicates short-term bullish momentum and potential for continued gains.
Weekly Price Change % (min: 0):
- Purpose: Filter for stocks with positive price performance over the past week.
- Rationale: Positive weekly performance suggests recent strength and potential continuation of the trend.
Is Trending (True):
- Purpose: Focus on stocks currently trending in the market.
- Rationale: Trending stocks often attract more attention and liquidity, increasing the likelihood of upward price movement.
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.