Screening Filters & Rationale
Relative Volume (min: 1.1):
- Purpose: Identify stocks with trading activity significantly higher than average.
- Rationale: Elevated volume often indicates increased investor interest, which can precede price surges.
RSI 14 (min: 10, max: 90):
- Purpose: Filter out overbought or oversold stocks while retaining those with potential momentum.
- Rationale: Ensures the stock is neither excessively overvalued nor undervalued, aligning with potential for upward movement.
Weekly Price Change Percentage (min: 0):
- Purpose: Focus on stocks with positive price momentum over the past week.
- Rationale: Positive weekly performance may indicate a continuation of bullish trends.
Option Sentiments (Bullish):
- Purpose: Highlight stocks with optimistic sentiment in the options market.
- Rationale: Bullish options activity often reflects confidence in near-term price increases.
Is Trending (True):
- Purpose: Select stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience heightened demand, which can drive price surges.
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.