Are there any that are setting up

Screening Filters

1. Price: min $5, max $150

   • Purpose: Focus on reasonably priced, tradable stocks and avoid extreme low‑price “penny” names and very high‑priced stocks that are harder to size around a fixed risk amount.
   • Rationale:
     • Below $5 you often find highly speculative, illiquid names that can gap unpredictably—less suitable if you’re used to the tighter behavior of liquid futures.
     • Above $150, each share ties up more capital and makes precise risk control (e.g., $470 risk) harder, especially for active trading.
     • The $5–$150 band tends to capture many mid‑ to large‑cap names with good liquidity and volatility—conditions that resemble what you aim for in futures day trading.

2. Monthly average dollar volume: min $300,000

   • Purpose: Ensure sufficient liquidity and tight spreads so you can get in and out without excessive slippage.
   • Rationale:
     • Dollar volume (price × volume) is a better liquidity proxy than share volume alone.
     • A minimum of $300k/month filters out extremely thin names, improving execution quality, closer to what you’d expect in actively traded futures contracts.
     • This supports short‑term “trading opportunities” because liquid names react more cleanly to technical signals (RSI, breakouts, reversals).

3. RSI category: overbought or oversold

   • Purpose: Identify instruments at momentum extremes that are “setting up” for potential reversals or continuation moves.
   • Rationale:
     • Overbought: price has run hard to the upside; often a setup area for either continuation breakouts or mean‑reversion shorts—similar to watching stretched moves in futures before fading or joining the trend.
     • Oversold: price has sold off sharply; often a setup area for bounces, short‑covering rallies, or trend continuation to the downside.
     • Since your question is about “trading opportunities,” RSI extremes are a practical way to systematically find markets where a significant move has already occurred and a new inflection point may be near.

4. Price change %: min -50%, max -0.3%

   • Purpose: Focus on names that have had a meaningful recent decline, but not a total collapse, to find potential bounce or continuation setups.
   • Rationale:
     • The negative range (from roughly -50% to just under 0% over the selected lookback) makes sure you’re looking at stocks that have been under pressure, not grinding sideways or going straight up.
     • A drop of up to -50% is large enough to indicate strong selling and emotional moves—fertile ground for active traders looking for reversals or breakdown follow‑through.
     • The upper cap at about -0.3% keeps the focus on names that are at least slightly down, rather than flat or green, reinforcing the idea of “setup after weakness,” similar to looking for pullbacks in futures before entering.

5. List exchange: XNYS, XNAS, XASE (NYSE, Nasdaq, AMEX)

   • Purpose: Limit results to major U.S. exchanges with better disclosure, regulation, and typically higher liquidity.
   • Rationale:
     • These exchanges host the bulk of actively traded, institutionally followed names, which tend to respect technical levels more consistently than obscure OTC or foreign listings.
     • That aligns better with your futures‑style approach, where you’re used to heavily traded, “professional” markets (ES, NQ, CL, GC, etc.).

Why Results Match

• The screen targets liquid, U.S.-listed instruments that behave more like the futures contracts you’re used to (tight spreads, reliable fills).
• By requiring RSI overbought/oversold and a significant recent price decline, it deliberately zeroes in on markets at potential turning points or continuation zones—exactly the kind of “setting up for trading opportunities” you’re asking about.
• The price band keeps candidates practical for active trading and risk sizing, echoing your constraints as a prop trader managing defined risk per trade.

While your original question is about futures, this filter set is effectively looking for stock charts showing the same kinds of technical setups—momentum extremes + recent strong moves—that you’d look for when deciding which futures contract is setting up for a trade.