Screening Filters & Rationale
Price Change Percentage (min: 2%):
- Purpose: Identify stocks with significant intraday price movements.
- Rationale: Stocks with at least 2% price change offer better volatility, which is essential for day trading opportunities.
Relative Volume (min: 1.2):
- Purpose: Focus on stocks with higher-than-average trading activity.
- Rationale: A relative volume above 1.2 indicates increased interest and liquidity, making it easier to enter and exit trades quickly.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient dollar volume for active trading.
- Rationale: High turnover ensures liquidity, reducing the risk of slippage during trades.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience momentum, which is ideal for capturing short-term price movements.
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.