Screening Filters & Rationale
Relative Volume (min: 2):
- Purpose: Identify stocks with trading activity at least twice the average volume.
- Rationale: High relative volume often signals increased investor interest and potential bullish momentum.
RSI 14 (min: 75):
- Purpose: Focus on stocks with a Relative Strength Index above 75, indicating strong upward momentum.
- Rationale: An RSI above 75 suggests the stock is in an overbought condition, often associated with bullish trends.
Moving Average Relationship (PriceAboveMA20, PriceCrossAboveMA50):
- Purpose: Select stocks where the price is above the 20-day moving average and has recently crossed above the 50-day moving average.
- Rationale: These conditions indicate short-term and medium-term bullish trends, signaling potential upward movement.
Weekly Price Change Percentage (min: 2%):
- Purpose: Filter for stocks with a minimum 2% price increase over the past week.
- Rationale: A positive weekly price change reflects recent bullish performance and growing investor confidence.
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.