Screening Filters
Relative Volume (relative_vol): Minimum 1.5
- Purpose: To identify stocks that are currently experiencing significantly higher trading activity compared to their average volume.
- Rationale: A relative volume of 1.5 or higher indicates that the stock's trading volume is at least 1.5 times its normal level. This suggests heightened interest or activity in the stock, which aligns with the user's request to find "stocks that are moving now." Increased volume often accompanies price movement, making this filter highly relevant.
Weekly Average Turnover: Minimum 1,000,000
- Purpose: To ensure that the stocks being screened have a minimum level of liquidity and are actively traded.
- Rationale: A weekly average turnover of at least 1,000,000 ensures that the stocks have sufficient trading activity in terms of dollar value. This helps to filter out illiquid or low-interest stocks, focusing instead on those that are more likely to be "moving" due to higher investor participation.
Why Results Match:
- The Relative Volume filter ensures that the stocks identified are experiencing a surge in trading activity, which is a strong indicator of movement in the market. This directly addresses the user's query about finding stocks that are "moving now."
- The Weekly Average Turnover filter ensures that the stocks are liquid and actively traded, which increases the likelihood of meaningful price movements. This avoids stocks with low trading activity that may not exhibit significant movement despite a temporary spike in volume.
By combining these filters, the screener effectively narrows down the list of stocks to those that are both actively traded and currently experiencing heightened activity, making them more likely to meet the user's request.
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.