Bullish penny stock monday

Screening Filters

1. Price: 0.50 – 5.00 USD

   • Purpose: Capture penny stocks within a defined low-price range.
   • Rationale:
     • The user asked for penny stocks, which in U.S. markets are commonly considered to be stocks trading under roughly $5 per share.
     • Setting a minimum of $0.50 avoids ultra‑illiquid micro‑penny names (e.g., $0.01–$0.10) that are often extremely volatile, easily manipulated, and hard to trade.
     • The maximum of $5 ensures we stay within the conventional penny stock universe while excluding higher‑priced names that wouldn’t meet the user’s request.

2. Monthly Average Dollar Volume: ≥ $500,000

   • Purpose: Ensure sufficient liquidity and tradability.
   • Rationale:
     • Penny stocks can be very illiquid, making it hard to enter and exit positions without large price impact.
     • A minimum of $500k in average monthly dollar volume helps filter out the “dead” or almost‑never‑traded names.
     • This aligns with the user’s goal of actionable “bullish” setups that can realistically be traded.

3. Moving Average Relationship: PriceAboveMA20

   • Purpose: Identify stocks in a short‑term uptrend.
   • Rationale:
     • “Bullish” usually implies an upward trend or positive technical structure.
     • When price is above the 20‑day moving average (MA20), it’s a classic sign of short‑term bullish momentum: buyers are generally in control over the last ~month of trading.
     • This filter shifts the focus from merely “cheap” penny stocks to those already showing strength.

4. 1-Week Price Change %: ≥ +5%

   • Purpose: Focus on recently strong performers.
   • Rationale:
     • Requiring at least a +5% gain over the past week reinforces the bullish bias.
     • It targets names that have already been moving up recently, which is consistent with momentum‑based approaches often used when looking for bullish plays going into the next trading day (in this case, Monday).
     • This avoids flat or weakening names, even if they are above the MA20.

5. Exchanges: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale:
     • Many penny stocks trade OTC (over‑the‑counter) with low reporting standards and higher manipulation risk.
     • Restricting to NYSE, NASDAQ, and NYSE American improves overall quality, transparency, and tradability.
     • This is consistent with finding more reliable, institutionally acceptable penny names rather than highly speculative pink‑sheet securities.

6. Region: United States

   • Purpose: Focus on U.S.-listed companies.
   • Rationale:
     • The concept of “penny stocks” is most commonly associated with U.S. markets and the sub‑$5 convention.
     • Limiting by U.S. region ensures consistent regulatory environment, trading hours (relevant for “upcoming Monday”), and data standards.

7. One-Day Rise Probability: ≥ 60%

   • Purpose: Emphasize stocks with a historically higher probability of rising the next day.
   • Rationale:
     • While no model can guarantee gains on Monday, this filter selects names where some statistical or quantitative model estimates a ≥ 60% chance of a positive move next trading day.
     • This ties directly to the “for the upcoming Monday” part of the request: it shifts the focus toward short‑term bullish odds, not just general uptrends.
     • It complements the trend and momentum filters by adding a probability-based layer on top of pure price/volume/technical criteria.

Why Results Match the User’s Request

• The price range (0.50–5.00) ensures the stocks are genuinely penny stocks.
• Liquidity and exchange filters (dollar volume, U.S. major exchanges) make the list more practical to trade and less dominated by highly speculative, illiquid names.
• Bullish technical bias is enforced via:
  • Price above the 20-day moving average (short-term uptrend),
  • Positive weekly performance (at least +5%),
  • A quantitative tilt toward next-day upside (one-day rise probability ≥ 60%).
• Together, these filters are designed to surface U.S. penny stocks that are currently strong, actively traded, and statistically tilted toward further upside into the next trading session (Monday)—which closely matches the user’s request for “bullish penny stocks for the upcoming Monday.”