Good swing trades today

Screening Filters

1. relative_vol >= 1.5

   • Purpose: Find stocks trading with significantly higher-than-normal volume today.
   • Rationale: Swing traders want stocks that are “in play” — higher volume means stronger participation from institutions and traders, which:
     • Improves liquidity (tighter spreads, easier entries/exits)
     • Confirms that price moves are more likely to be meaningful, not just random noise
     • Often coincides with news, catalysts, or technical breakouts that can drive multi-day moves

2. moving_average_relationship: PriceAboveMA20

   • Purpose: Ensure the stock is trading above its short-term trend (20-day moving average).
   • Rationale: For swing trades, you typically want to trade in the direction of the near-term trend, not against it:
     • Price above the 20-day MA suggests short-term bullish momentum
     • Increases odds that pullbacks are buyable rather than signs of a breakdown
     • Helps avoid names that are already rolling over in the short-term

3. moving_average_relationship: PriceAboveMA200

   • Purpose: Ensure the stock is in a longer-term uptrend (above the 200-day moving average).
   • Rationale: Combining short- and long-term trend filters is classic swing-trading practice:
     • Being above the 200-day MA signals a broader bullish bias and underlying strength
     • Reduces exposure to structurally weak, longer-term downtrends where bounces can fail quickly
     • Aligns your swings with the dominant trend, increasing probability that multi-day moves continue rather than reverse sharply

4. week_price_change_pct: 5% to 20%

   • Purpose: Select stocks that have moved up meaningfully (but not excessively) over the last week.
   • Rationale:
     • A minimum of +5% ensures there’s recent momentum and interest—key for swing trades looking to ride strength.
     • A maximum of +20% helps avoid names that are potentially overextended or “blown out,” where pullback risk is elevated and reward-to-risk worsens.
     • This zone tends to capture controlled, tradable up-moves rather than parabolic spikes or dead money.

5. is_index_component: GSPC (S&P 500)

   • Purpose: Limit results to S&P 500 stocks.
   • Rationale:
     • S&P 500 names are generally large, liquid, and widely followed—ideal for swing trading due to tighter spreads, better fills, and less manipulation.
     • Reduces risk associated with thinly traded small caps or micro caps that can gap wildly or be moved by small orders.
     • Stocks in this universe tend to have ample news/coverage and clearer technical patterns.

Why Results Match Your “Good Swing Trades” Request

• The trend filters (PriceAboveMA20 & PriceAboveMA200) ensure you’re looking at stocks in both short- and long-term uptrends, which is aligned with typical swing-trading playbooks (trade with the trend, not against it).
• The weekly performance range (5–20%) focuses on names with fresh, tradable momentum but avoids those that have already made extreme moves where the risk of sharp reversals is higher.
• The high relative volume filter (≥1.5) ensures these aren’t quiet, “dead” charts; they are actively traded, which supports reliable entries, exits, and follow-through on setups.
• Restricting to S&P 500 components keeps the list to liquid, institutional-quality US stocks, which is a practical, risk-aware universe for swing trading in the US market.