Screening Filters & Rationale
price_change_pct (min: 1):
- Purpose: Identify stocks with significant price movement.
- Rationale: Stocks with at least 1% price change are more likely to provide intraday trading opportunities.
relative_vol (min: 1.1):
- Purpose: Focus on stocks with higher-than-average trading activity.
- Rationale: A relative volume above 1.1 indicates increased interest and liquidity, essential for day trading.
weekly_average_turnover (min: 1,000,000):
- Purpose: Ensure sufficient trading volume for easy entry and exit.
- Rationale: High turnover minimizes slippage and supports efficient trade execution.
rsi_14 (min: 5, max: 95):
- Purpose: Avoid overbought or oversold extremes.
- Rationale: RSI within this range suggests the stock is not excessively overextended, reducing risk of sudden reversals.
is_trending (True):
- Purpose: Target stocks with clear directional momentum.
- Rationale: Trending stocks are more predictable and suitable for short-term trading strategies.
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.