Screening Filters & Rationale
Relative Volume (min: 2):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume may indicate increased investor interest or news-driven momentum.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for ease of entry and exit.
- Rationale: High turnover reflects active trading and reduces the risk of price manipulation.
Moving Average Relationship (PriceAboveMA5):
- Purpose: Focus on stocks with short-term upward momentum.
- Rationale: Price above the 5-day moving average suggests a bullish trend.
Weekly Price Change Percentage (min: 5%):
- Purpose: Highlight stocks with significant recent price appreciation.
- Rationale: A strong weekly price increase may indicate positive sentiment or catalysts.
Tickers (Pharmaceutical Stocks):
- Purpose: Narrow the selection to pharmaceutical companies.
- Rationale: Aligns with the user's interest in the pharmaceutical sector.
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.