Bullish penny stocks today

Screening Filters

1. Price: min 0.20, max 5

   • Purpose: Focus on penny stocks.
   • Rationale: “Penny stocks” are commonly defined as low-priced shares, often under $5. Setting the range to $0.20–$5 removes ultra-micro-priced tickers (below 20 cents, often extremely illiquid or distressed) while still capturing the core penny-stock universe.

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

   • Purpose: Ensure sufficient liquidity.
   • Rationale: Penny stocks can be very thinly traded. Requiring at least $2M in average dollar volume over the month helps avoid names where it’s hard to get in or out without moving the price, making the list more practical for trading.

3. RSI Category: “moderate”

   • Purpose: Find stocks with bullish potential that are not extremely overbought.
   • Rationale: A “moderate” RSI typically excludes very overbought conditions (where a sharp pullback is more likely) and very oversold (where a clear bullish move may not have started yet). This leans toward healthier, sustainable bullish setups rather than exhausted spikes.

4. Moving Average Relationship: PriceAboveMA20

   • Purpose: Capture stocks in an established short-term uptrend.
   • Rationale: When price is above the 20-day moving average, it indicates recent momentum is upward. This is a classic technical sign of a bullish trend rather than just a one-off bounce.

5. Price Change % (Today): min +8%

   • Purpose: Identify stocks showing strong bullish action today.
   • Rationale: A minimum 8% gain flags names with notable intraday strength, aligning directly with “bullish today” rather than just generally uptrending over weeks or months.

6. Region: United States

   • Purpose: Restrict to U.S.-listed stocks.
   • Rationale: Ensures the results are from a single, well-regulated market with consistent reporting and trading hours, and aligns with many users’ focus on U.S. penny stocks.

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

   • Purpose: Limit to major U.S. exchanges.
   • Rationale: Many penny stocks trade OTC, where risks and opacity are higher. Restricting to major exchanges helps improve listing quality, disclosure standards, and trading reliability while still finding lower-priced names.

Why Results Match “Bullish Penny Stocks Today”

• The price filter explicitly targets the penny stock price range.
• The dollar-volume filter keeps only actively traded names, making them more realistic trading candidates.
• RSI “moderate” + PriceAboveMA20 focuses on stocks in an uptrend without being extremely overbought—consistent with a constructive bullish technical profile.
• The ≥ 8% daily price gain ensures the stocks are showing clear bullish strength today, not just historically.
• Restricting to U.S. major exchanges narrows the universe to better-regulated penny stocks that are more accessible and transparent.