Can you find one that is favorable

Screening Filters

1. Price: $5–$50

   • Purpose: Focus on reasonably priced, actively traded U.S. stocks that are suitable for small-to-mid-sized day trades.
   • Rationale:
     • Below ~$5, many names are illiquid “penny stocks” with erratic moves and wide spreads—risky and hard to enter/exit quickly.
     • Above ~$50, each share ties up more capital and reduces flexibility for someone likely trading with a limited account size (as in your previous ALMU context).
     • The $5–$50 band is a sweet spot where many day traders find good liquidity, volatility, and manageable position sizing.

2. Volume: minimum 1,000,000 shares

   • Purpose: Ensure high liquidity for fast entries/exits and tighter bid–ask spreads.
   • Rationale:
     • Day trading depends on being able to move in and out quickly without moving the price too much.
     • ≥1M shares/day is a common liquidity threshold to avoid “dead” or thinly traded stocks where slippage can kill a short-term trade.

3. Relative Volume (Rel Vol): minimum 1.5

   • Purpose: Find stocks trading with significantly more activity today than usual.
   • Rationale:
     • Relative volume ≥1.5 means the current volume is at least 50% higher than the stock’s average.
     • Elevated volume often signals a catalyst (news, earnings, upgrade/downgrade, sector move) and tends to produce cleaner intraday trends and larger intraday ranges—exactly what day traders look for.

4. RSI Category: “moderate” or “overbought”

   • Purpose: Bias toward stocks with upward or strong momentum, rather than oversold breakdowns.
   • Rationale:
     • “Moderate” RSI: suggests a stock that has some momentum but is not extremely stretched—offering potential continuation moves without being at an exhaustion point.
     • “Overbought” RSI: often where strong intraday runners are found. Many day traders specifically look for overbought names to ride momentum or to fade them on short-term reversals.
     • Excluding “oversold” reduces the focus on falling knives, which tend to be more unpredictable intraday.

5. Price Change %: +3% to +15% (on the day)

   • Purpose: Capture names with meaningful intraday movement, but filter out those that are too parabolic and unstable.
   • Rationale:
     • Minimum +3%: ensures there is enough volatility to make a day trade worthwhile; flat or low-volatility stocks aren’t attractive for intraday trading.
     • Maximum +15%: avoids extreme movers that can be too crowded and whippy, where spreads widen and risk of sharp reversals becomes very high.
     • This range tends to capture “active but tradable” movers, which are prime hunting ground for day traders.

6. Exchange: XNYS, XNAS, XASE (NYSE, Nasdaq, NYSE American)

   • Purpose: Restrict to major U.S. exchanges.
   • Rationale:
     • NYSE, Nasdaq, and NYSE American list the most liquid, heavily followed U.S. stocks.
     • This helps avoid OTC/pink-sheet names with poor transparency, lower liquidity, and higher manipulation risk—problematic for intraday strategies.

Why Results Match:

• The filters deliberately target liquid, actively traded U.S. stocks (volume, exchange) so you can get in and out intraday without excessive slippage.
• They focus on stocks already moving with strong, tradable volatility (price change %, relative volume), which is essential for day trading profits.
• The RSI and price band refine the universe to names with upward momentum and accessible price levels that fit typical day-trader accounts and strategies similar to what you described when asking about ALMU.

Together, these criteria are designed to surface U.S. stocks that are both tradable (liquid, tight spreads) and active (movement and momentum), aligning well with your request for a stock favorable for a day trade.