Include pin ksheets and otc

Screening Filters

1. Price: 0.10 ≤ price ≤ 0.25

   • Purpose: Focus on very cheap penny stocks, in line with your “under $0.25” request.
   • Rationale:
     • The max $0.25 cap directly implements your “under $0.25” constraint.
     • A $0.10 minimum is added to avoid ultra‑illiquid sub‑penny names where spreads can be huge and data quality is poor—very common in Pink/OTC. This keeps the screener usable and tradable while still targeting extremely low-priced names.

2. Monthly Average Dollar Volume: ≥ $500,000

   • Purpose: Ensure that the stocks (including potential OTC/Pink names) are actually tradable and not dead/illiquid tickers.
   • Rationale:
     • Many Pink Sheets and OTC stocks trade only a few thousand dollars a month; these can be difficult or impossible to enter/exit.
     • A $500k+ average monthly dollar volume filter screens for names that have enough money flowing through them to realistically buy and sell, which is especially important in the OTC/Pink universe.

3. Relative Volume: ≥ 1.5

   • Purpose: Focus on stocks that are trading at least 50% more volume than their usual level today.
   • Rationale:
     • For “penny stocks to buy today,” you generally want stocks that are “in play”—unusual activity can be driven by news, catalysts, or renewed interest.
     • This is particularly useful for OTC and Pink names, which often sit dormant; a high relative volume flags when something is actually happening now.

4. RSI Category: moderate

   • Purpose: Avoid extremely overbought or oversold conditions, targeting more balanced setups.
   • Rationale:
     • “Moderate” RSI means the stock is not at one of the extremes, which reduces the chance you’re chasing a blow‑off top or catching a falling knife.
     • For speculative penny/OTC names, avoiding extremes can reduce some of the most obvious technical risk while still leaving room for upside.

5. Moving Average Relationship: PriceAboveMA20

   • Purpose: Select stocks trading above their 20‑day moving average, a simple definition of a short‑term uptrend.
   • Rationale:
     • For “top penny stocks to buy today,” it makes sense to require some form of positive price trend, rather than bottom-fishing everything that has collapsed.
     • This uses a straightforward trend filter that works the same for exchange‑listed and OTC stocks.

6. Region: United States

   • Purpose: Restrict to U.S. stocks, which includes U.S. exchange-listed and U.S. OTC/Pink names where data is available.
   • Rationale:
     • The earlier screens explicitly limited you to XNYS, XNAS, XASE (NYSE, Nasdaq, NYSE American). That excluded OTC/Pink.
     • In this updated screen, there is no restrictive list_exchange filter—only region: United States. That means:
       • U.S. big-board listed stocks are allowed.
       • U.S. OTC and Pink Sheet stocks are also allowed, provided our data provider covers them and they meet the other criteria (price, volume, etc.).

7. One-Day Predicted Return: ≥ 0

   • Purpose: Use an internal model to avoid stocks where the short-term forecast is explicitly negative.
   • Rationale:
     • This doesn’t guarantee a gain, but it filters out names where the model expects a negative next‑day move, aligning with your focus on “stocks to buy today.”
     • This is applied uniformly across listed and OTC/Pink names that have sufficient data for the model.

Why Results Match Your Request

• “Under $0.25” implemented: The price filter is tightened to $0.10–0.25, directly reflecting your “under $0.25” requirement while excluding the most untradable sub‑penny names.
• OTC & Pink now included by design:
  • Earlier, you were limited to major exchanges (NYSE/Nasdaq/AMEX) via list_exchange.
  • In the current filter set, that restriction is removed and only region: United States is used, so U.S. OTC and Pink Sheet tickers are allowed into the universe where data is available.
• Still focused on “to buy today”:
  • Liquidity (dollar volume), unusual activity (relative volume), uptrend bias (PriceAboveMA20), and a non-negative predicted return all work together to find actionable, actively traded penny/OTC names rather than illiquid shells.

Limitations / What We Don’t Explicitly Support

• The screener does not have a dedicated “Pink Sheets only” or “OTC-only” toggle. Instead, we:
  • Allow all U.S. stocks (exchange-listed + OTC) by not restricting list_exchange.
  • Let the price and liquidity filters act as practical constraints.
• This means:
  • Some very illiquid Pink/OTC names will be excluded because they fail the dollar-volume or relative-volume tests.
  • Among the Pink/OTC stocks that meet these thresholds, they can appear in your results, satisfying the spirit of “include pink sheets and OTC” while keeping the list tradable.