Screening Filters
Market cap > $10B
- Purpose: Focus on large, established companies.
- Rationale: “Clear buys right now” usually implies stronger, more reliable names rather than highly speculative small caps. A minimum market cap helps filter for companies with better liquidity, more analyst coverage, and generally lower business risk.
Relative volume > 1.5
- Purpose: Identify stocks seeing unusual trading activity.
- Rationale: Elevated relative volume suggests strong investor interest and often accompanies a meaningful move or new information. For a “right now” buy screen, this helps surface stocks that are actively being accumulated and may have near-term momentum.
Price above 20-day moving average
- Purpose: Confirm short-term uptrend.
- Rationale: When price is above the 20-day moving average, it often indicates the stock is trading in a healthy short-term trend. This supports the idea of a current buy candidate rather than a stock still weakening.
Price above 200-day moving average
- Purpose: Confirm long-term bullish trend.
- Rationale: A stock trading above its 200-day moving average is generally considered to be in a broader uptrend. This helps avoid names that may have short-term bounces but remain structurally weak.
Bullish MACD
- Purpose: Detect improving momentum.
- Rationale: A bullish MACD signal suggests momentum is turning positive or already supportive. This is useful for identifying stocks with technical strength and a better chance of continuing upward.
RSI in the moderate range
- Purpose: Avoid overbought or oversold extremes.
- Rationale: A moderate RSI indicates the stock is neither excessively stretched nor deeply depressed. That tends to be a better zone for a potential entry than an overbought reading, which may carry more short-term pullback risk.
Index component: S&P 500 or Nasdaq 100
- Purpose: Limit results to high-quality, widely followed stocks.
- Rationale: Constituents of major indexes are usually more liquid, more established, and more institutionally owned. This aligns with the idea of “clear buys” by emphasizing quality and reducing the chance of filtering in low-grade speculative names.
Price > EMA 20
- Purpose: Reinforce short-term trend strength.
- Rationale: This is a more explicit version of the moving-average filter and confirms the stock is trading above a key short-term trend line. It helps ensure recent price action remains constructive.
Price > EMA 200
- Purpose: Reinforce long-term trend strength.
- Rationale: This confirms the stock is above a major long-term support/trend benchmark, which is a common hallmark of stronger, more durable uptrends.
Why These Filters Work Together
- They combine quality (large-cap, major index membership) with trend confirmation (price above key moving averages, bullish MACD).
- They add participation/interest via relative volume, so the screen finds stocks currently attracting attention.
- They avoid chasing stocks that are too extended by using a moderate RSI rather than an overbought reading.
- Overall, this is a classic setup for finding stocks that are institutionally strong, technically healthy, and actively moving, which fits the user’s request for “clear buys right now.”
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.