Screening Filters
Relative Volume (relative_vol: min 2):
- Purpose: To identify stocks with significantly higher trading activity compared to their average volume.
- Rationale: A relative volume of 2 or higher indicates that the stock is trading at least twice its normal volume, which often signals heightened investor interest and can be a sign of bullish momentum.
Price Change Percentage (price_change_pct: min 3):
- Purpose: To filter for stocks that have experienced a notable price increase today.
- Rationale: A minimum price change of 3% ensures that only stocks with strong upward price movements are included, which aligns with the user's request for bullish stocks.
Moving Average Relationship (moving_average_relationship: PriceAboveMA20):
- Purpose: To ensure that the stock's current price is above its 20-day moving average.
- Rationale: When a stock's price is above its 20-day moving average, it is often considered to be in a short-term uptrend, which is a key indicator of bullish behavior.
Beta (beta: HighRisk):
- Purpose: To focus on high-beta stocks, which are more volatile and tend to move more aggressively in response to market trends.
- Rationale: High-beta stocks are more likely to exhibit strong price movements during bullish market conditions, making them relevant for identifying stocks with significant upward potential.
Why Results Match:
- The combination of relative volume and price change percentage ensures that the stocks identified are experiencing both increased trading activity and significant price gains, which are hallmarks of bullish behavior.
- The moving average relationship filter further confirms that the stocks are in a short-term uptrend, reinforcing their bullish status.
- The inclusion of high-beta stocks targets securities that are more sensitive to market movements, increasing the likelihood of finding stocks with strong upward momentum today.
These filters collectively address the user's query by narrowing down the stock universe to those that exhibit clear signs of bullish activity.
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.