Ticker sitting at support

Screening Filters

1. Market Cap ≥ $30,000,000,000

   • Purpose: Restrict results to large-cap companies.
   • Rationale: PFE (Pfizer) is a very large, established pharmaceutical company. By setting a high minimum market cap, the screener focuses on stocks with a similar size and institutional profile to PFE. This avoids including small or mid-cap biotech names whose price behavior and support levels can be much more volatile and less comparable.

2. Support/Resistance Relationship: PriceAroundSupport

   • Purpose: Find stocks whose current price is near a technical support level.
   • Rationale: The user’s core question is whether PFE is “currently sitting at a support level.” This filter directly targets that concept: it identifies stocks where the price is close to a computed support area (for example, recent swing lows, volume-based support, or commonly watched moving averages), which is exactly the type of condition you’d check for PFE.

3. Sector: Pharmaceuticals & Medical Research

   • Purpose: Limit the universe to companies in the same broad sector as PFE.
   • Rationale: Sector context matters for technical levels: pharma stocks often move with sector sentiment, regulatory news, or drug pipeline cycles. Focusing on the same sector ensures that the screener is only looking at stocks whose trading dynamics are broadly comparable to Pfizer.

4. Industry: Pharmaceuticals

   • Purpose: Narrow further to PFE’s specific industry group.
   • Rationale: Within healthcare, different industries (e.g., medical devices vs. biotech vs. managed care) have different volatility and trading patterns. Restricting to the Pharmaceuticals industry hones in on peers that are most similar to PFE in business model and trading structure, making “price around support” signals more comparable.

5. Region: United States

   • Purpose: Include only U.S.-listed stocks.
   • Rationale: PFE is a U.S.-traded name, so this ensures we compare it against companies trading in the same market environment (U.S. regulation, U.S. investor base, U.S. trading hours). Support/resistance behavior can differ across regions due to liquidity, investor composition, and local news flow.

6. Index Component: GSPC (S&P 500)

   • Purpose: Focus on companies that are members of the S&P 500 index.
   • Rationale: PFE is an S&P 500 component. Limiting to GSPC components ensures all candidates are large, highly liquid, benchmark names. These tend to have well-respected technical levels, since many institutional traders and algorithms follow them closely.

Why Results Match:

• The screener can’t literally “answer” for the single ticker PFE, so it uses PFE’s key characteristics (large-cap, U.S., S&P 500, pharma) to define a peer universe.
• The critical filter for the user’s intent is PriceAroundSupport: it directly maps to “currently sitting at a support level.”
• The sector, industry, region, market-cap, and S&P 500 filters ensure that any stocks returned are close analogs to PFE in size, trading environment, and business type, making them relevant to the specific question about PFE’s support zone.