Screening Filters & Rationale
Market Cap (1B - 50B):
- Purpose: Focus on mid-cap stocks with potential for growth and stability.
- Rationale: These companies often have room for expansion while being less volatile than small caps.
Relative Volume (≥ 1.5):
- Purpose: Identify stocks with significantly higher trading activity.
- Rationale: Increased volume can indicate heightened investor interest and potential price movement.
RSI (14) (40 - 70):
- Purpose: Target stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the risk of extreme price reversals.
Price Cross Above MA5:
- Purpose: Highlight stocks showing short-term bullish momentum.
- Rationale: A price crossing above the 5-day moving average often signals upward momentum.
Weekly Price Change (≥ 0%):
- Purpose: Focus on stocks with positive or stable weekly performance.
- Rationale: Ensures the selection of stocks with recent upward or steady trends.
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.