Find a good buy for day trading

Screening Filters

1. Market Cap ≥ $5,000,000,000

   • Purpose: Focus on mid/large‑cap companies.
   • Rationale: Larger caps are typically more liquid, have tighter spreads, and less “air pocket” risk than tiny names. For day trading with $10k–$50k, this helps ensure you can get in and out quickly without moving the price too much.

2. Monthly Average Dollar Volume ≥ $5,000,000

   • Purpose: Ensure high trading liquidity.
   • Rationale: Dollar volume (price × volume) is more meaningful than share volume alone. A $5M+ daily average dollar volume helps avoid illiquid, thinly traded names where entries/exits are hard and slippage is high—critical for intraday trading.

3. Relative Volume ≥ 2

   • Purpose: Find stocks “in play” today.
   • Rationale: Relative volume compares today’s volume to the recent average. A value ≥ 2 means the stock is trading at least twice its normal volume, often due to news, catalysts, or strong interest—exactly the kind of activity day traders look for.

4. Moving Average Relationship: PriceAboveMA20, PriceCrossAboveMA20

   • Purpose: Capture bullish short‑term momentum and recent upside triggers.
   • Rationale:
     • PriceAboveMA20: The stock is trading above its 20‑day moving average, indicating an uptrend or positive bias.
     • PriceCrossAboveMA20: It has recently broken above that average, often a momentum or breakout signal.
       Together, they screen for stocks where the short‑term trend is up and has recently strengthened—good candidates for long day trades.

5. Price Change % (Today) between 3% and 8%

   • Purpose: Target names with meaningful but not extreme intraday moves.
   • Rationale:
     • ≥ 3%: Ensures enough volatility to make day trading worthwhile—room for profit within a day.
     • ≤ 8%: Excludes the most explosive, often unstable movers (20–50%+), which can be very hard to manage, especially for impatient traders. This range balances opportunity with some degree of control.

6. Region: United States

   • Purpose: Match the user’s specified market.
   • Rationale: Restricts to U.S.-listed companies, aligning with your request for U.S. market day‑trading stocks and avoiding issues like different trading hours or settlement rules.

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

   • Purpose: Limit to major U.S. exchanges.
   • Rationale: These venues typically have better liquidity, tighter spreads, and more reliable price discovery than OTC or pink‑sheet markets—important for intraday strategies.

Why Results Match Your Request

• The screen focuses on liquid, mid/large‑cap U.S. stocks so you can deploy 10k–50k efficiently without major slippage.
• Filters on relative volume and price vs. 20‑day moving average specifically look for stocks in play with strong short‑term bullish momentum, ideal for intraday long trades.
• The 3–8% daily move constraint targets names with enough volatility to trade actively but avoids the most erratic, hard‑to-manage movers.

Taken together, these filters are designed to surface U.S. stocks that are liquid, actively traded today, and showing bullish momentum—matching what a day trader looking for a “good stock to buy” right now would typically want.