Low float high volume

Screening Filters

1. floating_shares: { max: 20,000,000 }

   • Purpose: Capture low-float stocks.
   • Rationale:
     • “Low float” generally means a relatively small number of shares available for public trading.
     • Capping float at 20 million shares is a common threshold traders use to target names that can move sharply because supply is limited.
     • This directly addresses your request for low float stocks.

2. relative_vol: { min: 1.5 }

   • Purpose: Ensure current trading activity is significantly higher than normal.
   • Rationale:
     • Relative volume (Rel Vol) compares today’s volume to the stock’s average volume (often over 30 days).
     • A minimum of 1.5 means the stock is trading at least 50% more volume than usual, which highlights names “in play.”
     • This supports your request for high volume by focusing on unusually active stocks, not just those that are always liquid.

3. volume: { min: 500,000 }

   • Purpose: Enforce a baseline of liquidity.
   • Rationale:
     • Even if relative volume is high, a tiny absolute volume can still be hard to trade.
     • Requiring at least 500k shares traded filters out illiquid names and ensures there’s enough real trading activity for entries/exits.
     • Combined with relative volume, this firmly targets high volume stocks in both absolute and relative terms.

4. region: ['United States']

   • Purpose: Restrict results to U.S. markets.
   • Rationale:
     • You specifically asked for stocks “in the US market,” so this ensures only U.S.-listed equities are returned.

5. list_exchange: ['XNYS', 'XNAS', 'XASE']

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale:
     • XNYS = NYSE, XNAS = NASDAQ, XASE = NYSE American.
     • These are primary U.S. equity venues, filtering out OTC and foreign exchanges.
     • This refines “US market” to the most actively traded, better-regulated U.S. listings.

Why Results Match:

• Low float requirement is addressed directly via floating_shares <= 20,000,000, a standard cutoff for low-float trading candidates.
• High volume requirement is covered in two ways:
  • volume >= 500,000 ensures solid absolute liquidity.
  • relative_vol >= 1.5 ensures that volume is elevated vs. normal, highlighting stocks that are currently active.
• US market focus is enforced by region = United States and restricting to U.S. exchanges (NYSE, NASDAQ, NYSE American).

The filters used clearly align with your request; no unsupported indicators were needed for this screen.