Screening Filters & Rationale
price_change_pct (min: 0):
- Purpose: Identifies stocks with positive price movement.
- Rationale: Ensures only stocks with upward momentum are considered, aligning with the goal of achieving a 20% profit increase.
relative_vol (min: 1.0):
- Purpose: Focuses on stocks with higher-than-average trading volume.
- Rationale: High relative volume indicates increased market interest, which can drive significant price changes.
rsi_14 (min: 10, max: 90):
- Purpose: Filters out stocks that are extremely overbought or oversold.
- Rationale: Ensures the selection includes stocks with balanced momentum, avoiding extreme conditions that may hinder a 20% profit.
gap_pattern (GapUp):
- Purpose: Targets stocks that opened significantly higher than their previous close.
- Rationale: Gap-ups often indicate strong bullish sentiment, increasing the likelihood of further price gains.
is_optionable (True):
- Purpose: Selects stocks that have options available for trading.
- Rationale: Optionable stocks tend to have higher liquidity and investor interest, supporting potential price increases.
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.