Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates increased interest or momentum, which is crucial for short-term trades.
RSI 14 (min: 30, max: 70):
- Purpose: Focus on stocks that are neither overbought nor oversold.
- Rationale: This range suggests balanced momentum, reducing the risk of extreme price reversals in the short term.
Price Above MA20:
- Purpose: Select stocks trading above their 20-day moving average.
- Rationale: Indicates an upward trend, aligning with short-term buying strategies.
Weekly Price Change % (min: 0):
- Purpose: Ensure the stock has shown positive price movement over the past week.
- Rationale: Positive weekly performance suggests recent strength, supporting short-term gains.
Is Trending (True):
- Purpose: Highlight stocks currently gaining attention in the market.
- Rationale: Trending stocks often experience higher volatility and liquidity, ideal for short-term opportunities.
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.