Screening Filters & Rationale
price_change_pct (min: 5):
- Purpose: Identify stocks with significant daily price increases.
- Rationale: A minimum 5% price change indicates strong momentum and potential investor interest.
relative_vol (min: 1.5):
- Purpose: Focus on stocks with trading volume significantly higher than usual.
- Rationale: A relative volume above 1.5 suggests heightened activity, often driven by news or events.
weekly_average_turnover (min: 10,000,000):
- Purpose: Ensure liquidity by selecting stocks with high average weekly turnover.
- Rationale: High turnover ensures ease of entry and exit, reducing transaction risks.
rsi_14 (min: 75):
- Purpose: Highlight overbought stocks with strong upward momentum.
- Rationale: An RSI above 75 indicates strong buying pressure, often signaling short-term gains.
week_price_change_pct (min: 5):
- Purpose: Capture stocks with consistent upward movement over the past week.
- Rationale: A weekly price increase of at least 5% reflects sustained positive sentiment.
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.