Screening Filters
monthly_average_dollar_volume ≥ 500,000
- Purpose: Ensure stocks are liquid and tradable for a short‑term breakout idea.
- Rationale: For a “today only” breakout trade, you need:
- Tight spreads
- Ability to enter/exit quickly
- Enough participation so technical levels actually matter
A minimum dollar volume filter removes thin, illiquid names where price can jump around on tiny orders and where you may not be able to exit if the trade goes against you.
relative_vol ≥ 1.0
- Purpose: Focus on stocks trading at or above their typical volume, signaling unusual current interest.
- Rationale: Breakouts are much more reliable when they occur with elevated volume. Relative volume ≥ 1.0 means the stock is trading at least its normal activity level (and often more), which:
- Confirms that the price move is being supported by real demand
- Increases the odds that any breakout move can continue intraday
support_resistance_relationship in [PriceBreakResistance, PriceAroundResistance, PriceBreakUpperBoll, PriceAroundUpperBoll]
week_price_change_pct between 5% and 30%
- Purpose: Capture stocks that have shown strong but not extreme strength over the last week.
- Rationale:
- A minimum of 5% weekly gain ensures you’re looking at names with clear recent upside momentum (“looking back this week”).
- A cap at 30% helps avoid overly extended, parabolic names that may be more prone to intraday reversals or exhaustion rather than clean breakouts.
This range is designed to find stocks that have been moving strongly this week, yet still have room for a fresh breakout move today.
pre_market_price_change between 2% and 12%
- Purpose: Incorporate same‑day, pre‑market strength, aligning with “premarket this morning” and “today only.”
- Rationale:
- Minimum 2% pre‑market move: ensures something meaningful is happening right now (news, catalyst, or strong buying).
- Maximum 12%: avoids extreme gap‑ups that are often crowded, overreacting, or vulnerable to gap‑fill reversals.
By anchoring on current pre‑market behavior, this filter zeros in on names where today’s session is likely to be active and potentially pivotal.
list_exchange in [XNYS, XNAS] (NYSE and NASDAQ)
- Purpose: Restrict to major U.S. exchanges with better liquidity and more stable trading mechanics.
- Rationale: For intraday breakout trades, NYSE and NASDAQ stocks typically:
- Have tighter spreads and deeper order books
- Are more heavily followed, making technical levels and breakouts more meaningful
This helps filter out obscure venues where price action can be erratic.
region = United States
- Purpose: Keep the universe to U.S. stocks, aligning with typical broker access and regular U.S. market hours.
- Rationale: Since you’re focused on this week + this morning’s pre‑market and likely on U.S. market timing, U.S. listings are the most relevant and consistent for the breakout‑today setup.
Why Results Match Your Request
- “Looking back this week” is addressed by the
week_price_change_pct 5–30% filter, which selects stocks already showing solid upward momentum over the last five trading days.
- “Premarket this morning” is captured by the
pre_market_price_change 2–12% filter, explicitly focusing on names moving right now before the open.
- “Breakout potential” is targeted via the support/resistance/Bollinger filters (
PriceBreakResistance, PriceAroundResistance, PriceBreakUpperBoll, PriceAroundUpperBoll), which are standard technical patterns for imminent or active breakouts.
- “For today only” (very short‑term focus) is supported by combining:
- Near‑term weekly momentum,
- Same‑day pre‑market movement,
- Current volume (
relative_vol) and liquidity (monthly_average_dollar_volume),
all of which are tuned to catch setups where the key move is likely to unfold during today’s regular session.
We do not see any indicators in your request that are unsupported by the screener, so the filters used match your intent. From here, “narrowing to the two best” would typically be done by ranking these results (e.g., strongest pre‑market move and healthiest recent trend) within this already well‑targeted breakout universe.
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.