Bullish penny stocks today

Screening Filters

1. Market Capitalization: 50M – 2B USD

   • Purpose: Focus on smaller, more speculative companies that typically behave like “penny stocks” while excluding the tiniest, most illiquid microcaps.
   • Rationale:
     • Penny stocks are usually lower-priced and smaller-cap names, often in the micro/small-cap range.
     • Setting a bottom floor at $50M avoids many extremely illiquid or distressed “shell” companies.
     • Capping at $2B keeps the universe in the small-cap space, where “penny stock–type” behavior (high volatility, big moves) is more common.

2. Share Price: 0.20 – 5.00 USD

   • Purpose: Explicitly capture “penny stocks” based on price.
   • Rationale:
     • In practice, many traders define penny stocks as those trading under $5.
     • A lower bound of $0.20 helps avoid many sub-penny or near-zero names that can be highly illiquid or in danger of delisting, while still including very low-priced stocks.

3. Relative Volume (≥ 1.5)

   • Purpose: Focus on stocks with unusually high trading activity today.
   • Rationale:
     • Relative volume compares today’s volume to the average volume.
     • A value ≥ 1.5 means the stock is trading at least 50% more volume than usual, indicating increased interest, momentum, or news.
     • This helps surface penny stocks that are “in play” today, not just cheap and dormant.

4. Moving Average Relationship: PriceAboveMA20

   • Purpose: Identify bullish technical setups.
   • Rationale:
     • If the current price is above the 20-day moving average (MA20), it suggests the short-term trend is upward.
     • Traders often use price > MA20 as a basic bullish trend filter to avoid stocks in clear downtrends.
     • This aligns directly with the user’s request for bullish penny stocks rather than just any low-priced names.

5. Daily Price Change Percentage: ≥ +5%

   • Purpose: Capture stocks showing strong positive momentum today.
   • Rationale:
     • A move of +5% or more in a single day is significant, particularly for penny stocks, and is typically considered bullish action.
     • This ensures the results are not only in an uptrend (via MA20) but also actively moving up today, matching the “bullish … today” requirement.

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

   • Purpose: Limit results to U.S.-listed securities on major exchanges.
   • Rationale:
     • These codes correspond to the main U.S. stock exchanges: NYSE, NASDAQ, and AMEX.
     • This directly satisfies “in the US stock market,” and also generally improves data quality and liquidity versus OTC or pink-sheet listings.

Why Results Match the Request

• “Penny stocks” → Enforced primarily by the price filter (0.20–5 USD), supported by small-cap market cap limits.
• “Bullish” → Addressed by PriceAboveMA20 (uptrend) and price_change_pct ≥ 5% (strong positive move today).
• “In the US stock market” → Ensured by the exchange filter (NYSE, NASDAQ, AMEX).
• “Today” → Captured by relative volume ≥ 1.5 and daily price change ≥ 5%, which are both based on current session data.

Together, these filters narrow the universe down to U.S.-listed, low-priced, smaller-cap stocks that are actively trading with strong bullish momentum today—which aligns closely with the user’s request.