Any penny with movement

Screening Filters & Rationale

1. Market Cap (max: $500,000,000):

   • Purpose: Focus on small-cap companies typically classified as penny stocks.
   • Rationale: Smaller market cap stocks often exhibit higher volatility and potential for significant price movement.

2. Price (max: $5):

   • Purpose: Identify low-priced stocks that qualify as penny stocks.
   • Rationale: Stocks under $5 are more accessible to retail investors and align with the definition of penny stocks.

3. Price Change Percentage (min: 5%):

   • Purpose: Highlight stocks with notable price movement.
   • Rationale: A minimum 5% price change indicates significant activity or momentum in the stock.

4. Relative Volume (min: 1.5):

   • Purpose: Focus on stocks with trading volume significantly higher than their average.
   • Rationale: Increased relative volume suggests heightened interest or news driving the stock.

5. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure liquidity by selecting stocks with substantial weekly trading activity.
   • Rationale: High turnover ensures ease of entry and exit, reducing the risk of illiquidity.