Give me penny stocks

Screening Filters

1. Price: min $0.50, max $5

   • Purpose: Capture “penny stocks” by focusing on very low-priced shares, while excluding ultra-cheap illiquid names.
   • Rationale: In the U.S., a common practical definition of a penny stock is any stock trading under $5 per share. Setting the upper bound at $5 directly targets this category. The $0.50 minimum helps avoid many sub-penny or extreme micro-priced stocks that are often highly illiquid, easily manipulated, or hard for most investors to trade efficiently.

2. Market Cap: min $50M, max $1B

   • Purpose: Keep the universe in the “small company” space typically associated with penny stocks, while filtering out the tiniest, riskiest shells.
   • Rationale: Penny stocks are usually smaller companies by size, not just price. A cap of $1B avoids larger, more-established firms that happen to trade at low prices for technical reasons (e.g., after a stock split). The $50M floor removes the most speculative micro-cap and nano-cap names where financial disclosure and liquidity can be extremely poor.

3. Monthly Average Dollar Volume: min $1,000,000

   • Purpose: Ensure a minimum level of trading activity and liquidity.
   • Rationale: Many penny stocks trade only a few thousand dollars a day, making them hard to enter or exit without big price impact. Requiring at least $1M in average dollar volume screens for names that, while still penny stocks, are more actively traded and somewhat more practical to buy and sell.

4. Relative Volume: min 1.5

   • Purpose: Focus on penny stocks currently experiencing higher-than-normal trading interest.
   • Rationale: A relative volume ≥ 1.5 means the stock is trading at least 50% more volume than its typical level. This often signals increased attention, news, or momentum—common reasons traders look at penny stocks in the first place—while still staying within the penny stock universe defined above.

5. 1-Month Price Change %: min 10%, max 150%

   • Purpose: Target penny stocks that have moved meaningfully in the past month, but exclude the most extreme spikes.
   • Rationale: Many people seek penny stocks that are “doing something,” not totally stagnant. A minimum +10% monthly move ensures some positive price action. Capping it at +150% filters out the most explosive, possibly one-off or manipulated moves that can be less sustainable or more dangerous.

6. Region: United States

   • Purpose: Limit the results to U.S.-listed penny stocks.
   • Rationale: “Penny stock” definitions and regulations vary by country. The U.S. has a well-known regulatory definition and common market usage (sub-$5). Restricting to the U.S. keeps the universe consistent with that framework and with most users’ expectations.

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

   • Purpose: Focus on penny stocks listed on major U.S. exchanges rather than OTC or pink sheet markets.
   • Rationale: Many penny stocks trade over-the-counter, where reporting standards and liquidity can be much weaker. Limiting to NYSE, NASDAQ, and NYSE American keeps results to names that meet higher listing requirements, providing relatively better transparency and governance while still being low-priced stocks.

Why Results Match “Penny Stocks”

• The price cap at $5 directly aligns with the widely used U.S. definition of a penny stock.
• The market cap range ensures you’re looking at genuinely smaller, more speculative companies, not just temporarily low-priced large caps.
• Liquidity filters (dollar volume and relative volume) keep you in penny stocks that are actually tradable and currently active, which is typically what people want when they ask for penny stocks to consider.
• The recent price change filter helps surface penny stocks that are moving, instead of dead, illiquid listings.
• Restricting to U.S. major exchanges aligns with mainstream, regulated penny stock markets and avoids the riskiest, opaque OTC universe.

Together, these filters give you a focused list of U.S.-listed, low-priced, small-cap, actively traded stocks that align with how “penny stocks” are usually understood in practice.