Screening Filters
Price Above 20-Day Moving Average (moving_average_relationship: PriceAboveMA20)
- Purpose: Identify ZIL when it is in a short-term uptrend rather than in a clear downtrend.
- Rationale:
- You’re asking how to approach ZIL “tomorrow,” which is a very short-term horizon.
- The 20-day moving average is a common short-term trend gauge. If price is above this level, it suggests buyers are in control over the recent weeks, making long or “buy-the-dip” strategies more reasonable than trying to catch a falling knife in a clear downtrend.
RSI_14 between 40 and 65 (for ZIL only)
- Purpose: Focus on ZIL when momentum is neutral to moderately bullish, but not stretched.
- Rationale:
- RSI 14 is a standard momentum indicator over roughly the last two weeks of trading.
- An RSI between 40 and 65 means:
- Not oversold (below 30), which might indicate serious weakness or high risk of further downside.
- Not overbought (above 70), which often precedes pullbacks or consolidation.
- For “tomorrow’s” approach, this range suggests ZIL is in a healthier, sustainable momentum zone where tactics like gradual entry, buying pullbacks, or short-term swing trades are more balanced in terms of risk/reward than chasing extreme moves.
24h Price Change Between -5% and +5% (price_change_pct_24h: min -5, max 5)
- Purpose: Avoid ZIL immediately after huge spikes or crashes, focusing on a more “normal” day-to-day move.
- Rationale:
- If ZIL has moved more than ±5% in the last 24 hours, it’s in an unusually strong trend or shock move, which can be hard to trade for “tomorrow” because:
- Post-spike, you often get profit-taking, chop, or sharp reversals.
- Post-crash, you risk catching a falling asset or a dead-cat bounce.
- Restricting to a moderate 24h move suggests price action is active but not extreme, so you can plan a more measured entry/exit strategy without being at the mercy of immediate volatility from news or liquidation cascades.
24h Volatility Between 7% and 25% (volatility_24h: min 7, max 25)
- Purpose: Ensure ZIL is volatile enough to offer trading opportunity tomorrow, but not so wild that risk becomes unmanageable.
- Rationale:
- Too little volatility (<7%) means price may barely move, making short-term strategies ineffective (small or no profit potential relative to fees and risk).
- Excessive volatility (>25%) makes intraday / next-day trading more like gambling: wide swings, hard stop placement, and large potential losses from normal noise.
- A 7–25% volatility band suggests:
- There is sufficient movement to justify active trading.
- But the swings are contained enough to allow structured risk management (setting stops, position sizing, targets) for a “tomorrow” trade.
Why Results Match Your Question (“Best approach to use ZIL tomorrow?”)
- The filters specifically constrain short-term technical conditions (20-day MA, 14-day RSI, 24h move, 24h volatility), which are the right tools for planning a next-day approach rather than a long-term investment.
- They look for ZIL in a mild uptrend (price above MA20) with healthy, not extreme momentum (RSI 40–65), conditions under which tactics like short-term buying, scaling in, or range-trading have more balanced odds.
- By limiting 24h price change and 24h volatility, the screen avoids days when ZIL is in a highly unstable or exhausted state after a spike or crash, letting you design a more rational, risk-managed plan for tomorrow instead of reacting to chaos.
- Overall, the filters don’t “predict” tomorrow, but they frame when ZIL’s current setup is more suitable for controlled, short-term trading strategies—which is the practical core of deciding how to “use” (trade) ZIL tomorrow.
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.