Screening Filters & Rationale
Price ($0.12 - $0.80):
- Purpose: Identify penny stocks within the specified price range.
- Rationale: This range targets low-cost stocks with potential for high percentage gains, aligning with the user's interest in penny stocks.
Minimum Trading Volume (3,000,000):
- Purpose: Ensure sufficient liquidity for ease of buying and selling.
- Rationale: High trading volume reduces the risk of illiquidity and ensures smoother trade execution.
Listed on NASDAQ (XNAS):
- Purpose: Focus on stocks listed on a major exchange.
- Rationale: NASDAQ-listed stocks are subject to stricter regulations, offering more transparency and reliability compared to OTC stocks.
Non-Optionable Stocks:
- Purpose: Exclude stocks with options trading.
- Rationale: Non-optionable stocks are often less volatile and speculative, aligning with a focus on penny stocks without added complexity.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.