Best swing trades

Screening Filters

1. Beta: ModerateRisk, HighRisk

   • Purpose: Target stocks that move enough to make swing trades worthwhile, without going into extremely erratic behavior.
   • Rationale: Swing traders rely on price swings over days to weeks. Low‑beta stocks often move too slowly to generate meaningful profits over a short period. By focusing on moderate to high beta, the screener looks for names that have enough volatility to offer trading opportunities similar to what a trader might seek in DAVE, while still avoiding the very highest, most chaotic risk levels.

2. Monthly Average Dollar Volume: min 200000

   • Purpose: Ensure stocks are sufficiently liquid for entering and exiting swing trades without excessive slippage.
   • Rationale: Swing trading needs reasonable liquidity so that orders can be filled near expected prices. A minimum of $200,000 in average daily traded value filters out thinly traded, illiquid names that can be hard or risky to trade, and keeps candidates closer to what an active trader would practically be able to swing.

3. Moving Average Relationship: PriceCrossAboveMA20, PriceAboveMA200

   • Purpose: Identify stocks with bullish or improving short‑ to medium‑term technical setups.
   • Rationale:
     • PriceCrossAboveMA20: A recent cross above the 20‑day moving average suggests a potential short‑term momentum shift to the upside—exactly the type of technical trigger swing traders often use for entries.
     • PriceAboveMA200: Trading above the 200‑day moving average implies a longer‑term uptrend or at least a healthier overall technical picture. This aligns with the common swing‑trading practice of taking long trades in stocks within or near broader uptrends, which may be how you’re thinking about DAVE’s setup.

4. RSI Category: moderate

   • Purpose: Avoid stocks that are extremely overbought or oversold, focusing instead on “tradable” conditions.
   • Rationale: An RSI in the moderate zone (neither very high nor very low) suggests the stock is not at an obvious exhaustion point. For swing trades, this can mean:
     • It may have room to move higher without immediately running into profit‑taking (if RSI is not overbought).
     • It’s not yet in a deep oversold “falling knife” situation.
       This filter looks for technically healthier setups suitable for initiating a swing, similar to how you might assess whether DAVE is at a reasonable entry point.

5. Region: US

   • Purpose: Limit the search universe to U.S.-listed stocks.
   • Rationale: Since DAVE is a U.S. stock, restricting to the U.S. market keeps the results comparable in terms of regulation, trading hours, and market behavior. It also reflects the likely market you’re trading in when you ask about DAVE.

Why Results Match Your Swing‑Trade Intent

• The filters collectively target liquid, reasonably volatile U.S. stocks—the type most suitable for swing trading.
• The technical conditions (price relative to the 20‑day and 200‑day moving averages and moderate RSI) look for early or ongoing bullish momentum without extreme overbought/oversold conditions, which is exactly the zone many swing traders seek.
• While you asked specifically about DAVE, these filters are designed to find stocks with a similar swing‑trade‑friendly profile: liquid, movable, and showing constructive technical signals that could support a multi‑day to multi‑week trade.