Screening Filters
Price: 2 – 500 USD
- Purpose: Focus on tradable stocks/ETFs that are neither illiquid penny names nor extremely high-priced outliers.
- Rationale:
- Below ~$2, many tickers are highly speculative, illiquid, and prone to erratic prints rather than true “active swings.”
- Above ~$500, price alone can limit position sizing for many traders and often includes slower-moving mega caps where percentage swings can be smaller.
- This range keeps the universe focused on instruments where active swing traders typically operate.
Monthly Average Dollar Volume: ≥ 300,000 USD
- Purpose: Ensure there’s enough liquidity and money flowing through the name for practical trading.
- Rationale:
- Active swings require the ability to enter and exit without huge slippage.
- A minimum dollar volume filter removes thinly traded tickers where price can move on very few shares, giving a false impression of “activity.”
- This helps surface stocks/ETFs that are actually getting attention and participation from the market.
Relative Volume (Rel Vol): ≥ 1
- Purpose: Target names currently trading at or above their normal volume levels.
- Rationale:
- Relative volume compares today’s (or recent) volume to the average. A value ≥ 1 means the instrument is trading at least its typical volume, and often higher.
- Elevated or at-least-normal volume is a hallmark of “active swings,” as strong moves usually come with increased participation.
- This aligns directly with your request for what’s “active right now,” not just historically volatile names.
1-Week Price Change %: -100% to +100%
- Purpose: Allow a wide range of recent price moves while filtering out extreme or erroneous data.
- Rationale:
- A broad band from -100% to +100% effectively includes almost all realistic weekly movers, from sharp pullbacks to strong rallies.
- It avoids bizarre outliers (e.g., data errors, reverse splits showing insane % moves) that don’t represent genuine tradable swings.
- Keeping a defined range ensures results focus on normal—but potentially strong—price swings over the past week, consistent with “active swings.”
Why Results Match Your Request
- The relative volume filter homes in on instruments that are currently seeing at least normal or above-normal trading activity, a key trait of “active” names.
- The price and dollar volume filters keep the list to realistically tradable stocks/ETFs, where you can actually participate in those swings.
- The 1-week price change band allows for both strong upside and downside action, capturing short-term “swings” without including broken or nonsensical data.
Together, these filters are designed to surface stocks, ETFs, and indices that are liquid, actively traded right now, and showing meaningful recent price movement—i.e., the kinds of names typically considered “current active swings.”
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.