Screening Filters
Relative Volume (relative_vol: {'min': '1.1'}):
- Purpose: To identify stocks with higher-than-average trading activity.
- Rationale: A relative volume greater than 1.1 indicates that the stock is currently experiencing trading activity at least 10% higher than its average. Increased volume often signals heightened investor interest, which can precede price movements, making it a useful indicator for stocks that may rise in the short term.
RSI Category (rsi_category: ['moderate']):
- Purpose: To focus on stocks that are neither overbought nor oversold.
- Rationale: The Relative Strength Index (RSI) measures momentum and identifies whether a stock is overbought (potentially due for a pullback) or oversold (potentially due for a rebound). By selecting "moderate," the screener filters for stocks in a neutral RSI range, which suggests they have room to move upward without being constrained by overbought conditions.
Moving Average Relationship (moving_average_relationship: ['PriceCrossAboveMA200']):
- Purpose: To find stocks that have recently broken above their 200-day moving average.
- Rationale: The 200-day moving average is a widely followed technical indicator that represents long-term trends. When a stock's price crosses above this level, it is often seen as a bullish signal, indicating potential upward momentum. This filter helps identify stocks that may be entering a new uptrend.
Why Results Match:
- The combination of these filters is designed to identify stocks with strong potential for upward movement in the short term.
- High relative volume suggests increased interest and activity, which often precedes price changes.
- A moderate RSI ensures that the stock is not overbought, leaving room for further gains.
- The price crossing above the 200-day moving average is a classic bullish signal, indicating that the stock may be transitioning into an uptrend.
By applying these filters, the screener narrows down the list of stocks to those with a higher probability of rising in the near term, aligning with the user's query.
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.