What is a good buy tomorrow

Screening Filters & Rationale

1. Market Cap >= $10 billion:

   • Purpose: Focus on large-cap stocks for stability and lower risk.
   • Rationale: Large-cap companies are typically more established and less volatile, aligning with a conservative investment approach.

2. Weekly Average Turnover >= $1 million:

   • Purpose: Ensure sufficient liquidity for easy entry and exit.
   • Rationale: High turnover indicates active trading, reducing the risk of price manipulation and ensuring smoother transactions.

3. RSI (14) between 30 and 70:

   • Purpose: Avoid overbought or oversold conditions.
   • Rationale: Stocks within this range are neither excessively overvalued nor undervalued, suggesting balanced momentum.

4. Price Above 20-Day Moving Average:

   • Purpose: Identify stocks in a short-term uptrend.
   • Rationale: This filter highlights stocks with positive momentum, which may continue in the near term.

5. Weekly Price Change >= 0%:

   • Purpose: Focus on stocks with positive or stable recent performance.
   • Rationale: Ensures the stock is not in a downtrend, aligning with a growth-focused strategy.