Bullish day trading stocks for next week

Screening Filters

1. Price: 10–80 USD

   • Purpose: Focus on mid-priced stocks that are liquid and tradable for most day traders.
   • Rationale:
     • Very low-priced stocks (below $10) often have wider spreads, higher manipulation risk, and less reliable intraday moves.
     • Very high-priced stocks (above $80) can be harder to size positions in and may require more capital per trade.
     • The $10–80 range strikes a balance: active enough for intraday trading, but not so expensive that small traders are excluded.

2. Monthly Average Dollar Volume: ≥ $2,000,000

   • Purpose: Ensure strong liquidity so you can get in and out quickly with limited slippage.
   • Rationale:
     • Dollar volume combines price and share volume, directly reflecting how much money trades in the stock each day.
     • A minimum of $2M per day (on average over the month) screens out illiquid names that are dangerous for day trading and might not fill orders efficiently.
     • Better liquidity generally means tighter bid–ask spreads and more reliable intraday price action.

3. Relative Volume (relative_vol): ≥ 1.5

   • Purpose: Find stocks currently trading with significantly higher activity than their normal levels.
   • Rationale:
     • Relative volume ≥ 1.5 means the stock is trading at least 50% more volume than its average.
     • Elevated relative volume often accompanies news, momentum, and strong intraday moves—conditions day traders seek.
     • This focuses on in-play stocks, not just any liquid ticker.

4. Moving Average Relationship: PriceAboveMA20

   • Purpose: Identify stocks in a short-term uptrend, reinforcing a bullish bias.
   • Rationale:
     • Price above the 20-day moving average is a classic sign of near-term bullishness.
     • It filters out names in obvious downtrends or trading below key short-term support.
     • For a “bullish stocks” scan, this ensures you are looking at names with upward technical structure rather than trying to fight the trend.

5. 1-Week Price Change (%): ≥ 8%

   • Purpose: Capture strong recent momentum that may continue into next week, which is often attractive for day trading.
   • Rationale:
     • A gain of at least 8% in the last week signals clear recent strength and active buying interest.
     • Momentum tends to draw more traders, create cleaner intraday patterns, and offer more tradable swings.
     • This aligns directly with your request for bullish candidates, not just stable or sideways names.

6. List Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Restrict results to major US exchanges, as requested.
   • Rationale:
     • These exchanges host the most liquid, regulated US stocks.
     • It excludes OTC and foreign markets that may have poor transparency or different trading hours/conditions.
     • This directly matches your requirement: “US stock market.”

Why Results Match Your Request

• Bullish bias:

  • PriceAboveMA20 + ≥ 8% gain in the past week together ensure the list is tilted toward stocks with clear recent upside momentum and uptrends.

• Day-trading suitability:

  • Dollar volume ≥ $2M and major US exchanges ensure adequate liquidity and better execution quality.
  • Relative volume ≥ 1.5 targets currently active names, which are more likely to provide intraday volatility and tradeable moves.

• Practical tradeability:

  • The $10–80 price range keeps you in a band where position sizing is flexible, spreads are typically manageable, and the names are accessible to most active traders.

Overall, these filters are designed to surface US-listed stocks that are liquid, actively traded, and showing strong, short-term bullish momentum—making them appropriate candidates to review for day trading opportunities in the coming week.