Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated volume often indicates increased investor interest, which can signal potential price movement.
RSI 14 (min: 40, max: 70):
- Purpose: Focus on stocks that are neither overbought nor oversold.
- Rationale: This range suggests a balanced momentum, reducing the risk of extreme price reversals.
Price Cross Above MA5:
- Purpose: Highlight stocks where the price has recently crossed above the 5-day moving average.
- Rationale: This is a bullish signal indicating potential upward momentum.
Weekly Price Change Percentage (min: 0):
- Purpose: Select stocks with positive price performance over the past week.
- Rationale: Positive weekly performance suggests recent strength and potential continuation of the trend.
Index Component (GSPC):
- Purpose: Limit the selection to stocks within the S&P 500 index.
- Rationale: Ensures focus on large-cap, well-established companies with higher liquidity and stability.
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.