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 long-term growth or stability-focused strategies.
Analyst Consensus = Strong Buy:
- Purpose: Identify stocks with strong analyst confidence.
- Rationale: A "Strong Buy" consensus suggests positive sentiment and potential for strong performance based on expert analysis.
Weekly Average Turnover >= $1 million:
- Purpose: Ensure high liquidity for ease of trading.
- Rationale: High turnover indicates active trading, reducing the risk of price manipulation and ensuring smoother entry/exit.
Price Above 20-Day Moving Average:
- Purpose: Focus on stocks in an upward trend.
- Rationale: A price above the 20-day moving average signals positive momentum, which may indicate continued growth potential.
Monthly Price Change >= 0%:
- Purpose: Avoid stocks with recent negative performance.
- Rationale: Positive or neutral price changes over the past month suggest resilience and potential for further gains.
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.