Best day trade for tomorrow

First, a quick reality check

No screener can reliably identify “the best day trade opportunity for tomorrow.” Markets are unpredictable, and anything that claims certainty is unrealistic.

What these filters do is narrow the US stock universe to names that historically offer better conditions for day trading: liquidity, tradable price range, volatility, and recent momentum. You would still need to do your own intraday setup and risk management.

Screening Filters

1. Price: 5 ≤ price ≤ 150

   • Purpose: Focus on stocks in a practical trading range.
   • Rationale:
     • Below $5, you get into penny stocks: wide spreads, higher manipulation risk, and inconsistent liquidity—often not ideal for most day traders.
     • Above $150, position sizing becomes harder for smaller accounts, and percentage moves may be smaller for the same dollar risk.
     • The $5–$150 band balances affordability with quality and stability.

2. Liquidity: monthly_average_dollar_volume ≥ 1,000,000

   • Purpose: Ensure there is enough trading activity to enter and exit positions efficiently.
   • Rationale:
     • Dollar volume (price × volume) is a better liquidity measure than share volume alone.
     • A minimum of $1M/day (on average) weeds out thinly traded names that can have large bid–ask spreads and slippage—problems that are especially damaging for day traders who make frequent intraday trades.

3. Volatility Spike: relative_vol ≥ 1.5

   • Purpose: Find stocks trading with unusually high activity today vs. their normal levels.
   • Rationale:
     • Relative volume ≥ 1.5 means today’s volume is at least 50% higher than the stock’s typical volume.
     • Elevated volume often accompanies news, catalysts, or increased trader interest, which typically leads to larger intraday price swings—precisely what day traders seek.
     • These “in play” stocks tend to continue attracting attention into the next session, making them strong candidates to watch for tomorrow.

4. Trend/Momentum Filter: PriceAboveMA20

   • Purpose: Bias the list toward stocks in a short-term uptrend.
   • Rationale:
     • Price above the 20-day moving average (MA20) suggests recent strength and positive momentum.
     • For long-biased day traders, trading in the direction of an existing trend often provides cleaner setups and higher-probability continuation moves.
     • This avoids many structurally weak stocks that may have random spikes but are in broader downtrends.

5. Recent Move: 3% ≤ price_change_pct ≤ 15% (today)

   • Purpose: Capture strong but not extreme movers.
   • Rationale:
     • Minimum +3%: Ensures the stock is making a meaningful move, signaling that it’s “in play” with active interest and volatility.
     • Maximum +15%: Excludes overly extended names that may be exhausted or subject to violent mean reversion the next day.
     • This range targets stocks that had a solid move today and may offer tradable follow-through tomorrow without being completely parabolic.

Why the Results Match Your Request

• You asked for day trade opportunities for tomorrow in the US market.
• These filters collectively target:
  • Liquid stocks (dollar volume filter) where you can actually get in and out.
  • Active / in-play names (relative volume and 3–15% price change) that are drawing attention and tend to move intraday.
  • Tradable prices for most accounts ($5–$150) instead of illiquid penny stocks or very high-priced names.
  • Upward short-term momentum (price above 20-day MA), improving odds of trend-continuation setups for long-biased day trades.

They don’t guarantee the “best” trade but refine the universe to high-probability hunting grounds for day traders looking for setups going into tomorrow’s session.