Screening Filters
macd: negative
- Purpose: Capture stocks with currently bearish momentum according to a widely used technical indicator.
- Rationale: A negative MACD means the shorter-term moving average is below the longer-term moving average. This signals that recent prices are weakening relative to the longer trend, which is a classic definition of bearish momentum.
moving_average_relationship: PriceBelowMA20
- Purpose: Identify stocks in a short-term downtrend.
- Rationale: When the price is below the 20-day moving average, it shows that the stock is trading weaker than its recent (about one month) average. This is consistent with short‑term bearish price action.
moving_average_relationship: PriceBelowMA200
- Purpose: Confirm a longer-term bearish trend.
- Rationale: The 200-day moving average is a key long‑term trend indicator. Price below the 200‑day MA typically signals a longer‑term downtrend. Combining this with price below the 20‑day MA means the stock is weak in both the short and long term—strong evidence of broader bearish momentum.
month_price_change_pct: { max: -18 }
- Purpose: Focus on stocks that have recently moved down substantially.
- Rationale: A maximum of -18% over the past month means you’re looking for stocks that have fallen around 18% or more over the last month (depending on how the screener interprets “max,” the intent is clearly to capture significant recent declines). This recent negative performance aligns with bearish momentum over the last 30 days.
is_index_component: GSPC (S&P 500 constituents)
- Purpose: Limit results to widely followed, higher‑quality, more liquid stocks.
- Rationale: The S&P 500 includes large, established U.S. companies. Filtering to GSPC ensures the bearish momentum you’re seeing is in major, tradeable names, not illiquid microcaps where signals can be noisy or manipulated.
list_exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)
- Purpose: Restrict to primary U.S. exchanges for reliability and liquidity.
- Rationale: These are the main U.S. stock exchanges. Using this filter avoids OTC or foreign listings where data quality and liquidity can be lower, making technical momentum signals more trustworthy.
Why Results Match the Question “Which stocks are currently showing bearish momentum?”
- Multiple bearish technical signals: Negative MACD plus price below both the 20‑day and 200‑day MAs together strongly indicate ongoing bearish momentum in both short and long time frames.
- Recent downside confirmation: The significant negative 1‑month price change makes sure you’re not just catching a brief dip, but stocks that have recently been moving down in a meaningful way.
- Quality and tradability: Restricting to S&P 500 names on major U.S. exchanges ensures the bearish signals are on liquid, widely traded stocks, making them more actionable for most investors or traders.
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.