Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than their average.
- Rationale: High relative volume often indicates strong investor interest and potential momentum.
Moving Average Relationship (PriceAboveMA20, PriceAboveMA200):
- Purpose: Select stocks trading above their 20-day and 200-day moving averages.
- Rationale: This ensures the stock is in a short-term and long-term uptrend, aligning with momentum strategies.
1-Month Price Change Percentage (min: 0):
- Purpose: Focus on stocks with positive price performance over the past month.
- Rationale: Positive momentum in the short term can indicate continued upward movement.
Index Component (GSPC):
- Purpose: Limit the selection to stocks within the S&P 500 index.
- Rationale: Ensures the focus remains on large-cap, well-established companies with higher liquidity.
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.