Screening Filters & Rationale
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 conservative or balanced investment strategies.
Relative Volume ≥ 1.1:
- Purpose: Identify stocks with higher-than-average trading activity.
- Rationale: Increased volume often signals heightened investor interest or potential price movement.
Price Cross Above 5-Day Moving Average:
- Purpose: Highlight stocks with short-term bullish momentum.
- Rationale: A price crossing above a short-term moving average can indicate a potential upward trend.
Weekly Price Change ≥ 0%:
- Purpose: Focus on stocks with positive or stable short-term performance.
- Rationale: Ensures the selection of stocks that are not in a recent downtrend.
Monthly Price Change ≥ -2%:
- Purpose: Avoid stocks with significant recent declines.
- Rationale: Limits exposure to stocks with potential negative momentum while allowing for minor pullbacks.
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.