Screening Filters & Rationale
weekly_average_turnover (min: 1,000,000):
- Purpose: To ensure selected stocks have sufficient liquidity for easy entry and exit.
- Rationale: High average turnover indicates active trading, reducing the risk of price manipulation and slippage.
rsi_14 (max: 30):
- Purpose: To identify oversold stocks based on the Relative Strength Index (RSI).
- Rationale: An RSI below 30 suggests the stock may be undervalued and due for a potential rebound.
is_index_component (NDX):
- Purpose: To focus on stocks that are part of the NASDAQ-100 index.
- Rationale: NASDAQ-100 components are typically large-cap, well-established companies, aligning with a focus on quality and stability.
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.