Screening Filters
new_high_low: ['5_High']
- Purpose: To identify stocks that are reaching their 5-day high.
- Rationale: The user is asking for stocks that are at their day's high, and while this filter specifically looks at 5-day highs, it ensures that the stocks identified are experiencing strong upward momentum and are likely near or at their daily high as well.
weekly_average_turnover: {'min': '10000000'}
- Purpose: To ensure that the stocks have sufficient liquidity and trading activity.
- Rationale: Stocks with a high average turnover are more actively traded, making them more relevant for identifying significant price movements, such as reaching their day's high.
relative_vol: {'min': '3.0'}
- Purpose: To filter for stocks with trading volume significantly higher than their average.
- Rationale: A high relative volume indicates unusual trading activity, which often coincides with significant price movements, such as hitting a daily high.
price_change_pct: {'min': '2'}
- Purpose: To focus on stocks with a meaningful price increase during the trading session.
- Rationale: Stocks that are at their day's high typically exhibit a notable percentage price change, and this filter ensures that only stocks with a minimum 2% price increase are considered.
Why Results Match:
- The new_high_low filter directly targets stocks that are at or near their recent highs, aligning with the user's request for stocks at their day's high.
- The weekly_average_turnover and relative_vol filters ensure that the stocks identified are actively traded and experiencing unusual trading activity, which is often a characteristic of stocks hitting their daily highs.
- The price_change_pct filter ensures that the stocks have experienced a significant upward movement, further narrowing the results to those most likely to be at their day's high.
By combining these filters, the screener effectively identifies stocks that are actively traded, experiencing strong upward momentum, and likely at or near their daily high.
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.