Screening Filters
Price: min $1, max $100
- Purpose: Find “gas” (oil & gas) stocks that are affordable for a sub‑$1,000 account, and specifically under $100 as you requested.
- Rationale:
- Minimum $1 avoids ultra‑penny stocks that are often illiquid and highly risky.
- Maximum $100 matches your “no under 100 is fine” requirement and keeps position sizes manageable (you can buy multiple shares if you want, not just fractions).
Relative Volume (relative_vol ≥ 1.5)
- Purpose: Focus on stocks trading with more volume than usual today.
- Rationale:
- You want to “make money today,” which means you need names that are actively trading right now.
- Relative volume ≥ 1.5 means today’s volume is at least 1.5× the stock’s normal volume, often signaling more intraday movement and better trading opportunities.
Weekly Average Dollar Volume ≥ $1,000,000
- Purpose: Ensure the stocks are liquid (lots of dollars traded each day).
- Rationale:
- High dollar volume usually means tighter bid–ask spreads and easier entries/exits on Robinhood.
- This is especially important with a small account so you’re not stuck in something that barely trades.
Moving Average Relationship: PriceAboveMA5 & PriceAboveMA20
- Purpose: Filter for short‑term uptrends.
- Rationale:
- Price above the 5‑day and 20‑day moving averages means the stock is generally moving up in the short term instead of down.
- For someone looking for a quick trade or a near‑term move, this is more favorable than buying a stock that’s trending lower.
MACD: bullish & positive
- Purpose: Confirm positive momentum.
- Rationale:
- A bullish, positive MACD reading suggests upward momentum is in place, not just a random bounce.
- This stacks the odds a bit more in favor of buying strength rather than catching a falling knife.
Price Change % Today: min −3%, max +5%
- Purpose: Avoid extremes while still getting movement.
- Rationale:
- Excludes stocks crashing hard (down more than 3%) that might be falling for a serious reason.
- Excludes stocks already up huge (more than 5%), which may be overextended and risky to chase.
- Keeps you in names that are moving, but not totally blown out in either direction.
Theme: Oil sector
- Purpose: Capture “gas” stocks, i.e., companies in the oil & gas / energy space.
- Rationale:
- When you say “buy one gas stock,” that typically means an oil & gas / energy company (exploration, production, refining, etc.).
- Using the oil/energy theme targets exactly that part of the market.
Exchange: XNYS, XNAS, XASE (major U.S. exchanges)
- Purpose: Limit results to widely traded U.S. stocks that are typically available on Robinhood.
- Rationale:
- New York Stock Exchange, Nasdaq, and NYSE American are where most mainstream, liquid names trade.
- This avoids OTC/pink sheet names that are often higher risk and may not even be tradable on your platform.
Why Results Match What You Asked For
- You wanted one “gas” stock: the theme filter narrows to oil & gas companies, so the list is all in that area.
- You’re okay with under $100: the price filter explicitly caps the price at $100.
- You want a chance to “make money today”:
- Relative volume and dollar volume make sure the stocks are actively trading with good liquidity.
- The moving averages and MACD filters look for short‑term uptrends and positive momentum, which are more suitable for short‑term trading ideas than random or weak names.
- The daily price change band tries to keep you in “tradable” names without extreme gap risks.
No filter can guarantee profits, especially in a single day, but together these criteria try to give you a short list of active, liquid oil/gas stocks under $100 that are currently in short‑term uptrends, which is aligned with your goal and constraints on Robinhood.
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.