Screening Filters
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.
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.
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.
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.
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.
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.