Screening Filters & Rationale
Price (max: $5):
- Purpose: To identify penny stocks, which are typically defined as stocks trading below $5.
- Rationale: This ensures the selection focuses on low-cost stocks suitable for high-risk, high-reward strategies.
Market Cap Category (Small):
- Purpose: To target small-cap companies with higher growth potential.
- Rationale: Small-cap stocks often exhibit greater volatility and upside potential, aligning with speculative investment goals.
Relative Volume (min: 1.5):
- Purpose: To find stocks with trading activity significantly higher than their average.
- Rationale: Elevated relative volume indicates increased investor interest and potential momentum.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover reflects active trading, reducing the risk of illiquidity.
Is Trending (True):
- Purpose: To focus on stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience price movements driven by news or market 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.