Screening Filters
Price: 5–75 USD
- Purpose: Ensure each candidate stock can be bought with your ~$75 budget in a single share (or a few shares).
- Rationale:
- Minimum $5 avoids ultra‑low‑price / penny stocks, which are often very illiquid and extremely risky for a 1‑day trade.
- Maximum $75 aligns with your budget so you can realistically buy at least 1 share.
Relative Volume ≥ 1.5
- Purpose: Focus on stocks that are trading with at least 1.5× their usual share volume today.
- Rationale:
- Elevated relative volume often means there is fresh news, momentum, or active interest—conditions that matter when you want to buy today and sell tomorrow.
- Higher participation can also reduce the risk of getting “stuck” in a thinly traded name overnight.
Monthly Average Dollar Volume ≥ 1,500,000 USD
- Purpose: Ensure the stock is reasonably liquid in dollar terms over the recent month.
- Rationale:
- Higher dollar volume (= price × shares traded) typically implies easier entry/exit and tighter bid‑ask spreads.
- For a 1‑day trade, liquidity is critical so that you can sell tomorrow near the quoted market price.
Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)
- Purpose: Restrict results to major U.S. exchanges.
- Rationale:
- These exchanges have stricter listing standards, better regulation, and typically better liquidity and transparency than OTC or very small foreign markets.
- This aligns with short‑term trading where execution quality is important.
1‑Week Price Change ≥ +5%
- Purpose: Filter for stocks that have recently shown upside momentum.
- Rationale:
- A positive move of at least 5% over the past week can signal near‑term strength or a bullish trend.
- For a buy‑today, sell‑tomorrow idea, you’re trying to ride existing short‑term momentum rather than fight it.
One‑Day Rise Probability ≥ 65%
- Purpose: Use a model‑based estimate to focus on stocks with a relatively higher statistical probability of going up tomorrow.
- Rationale:
- This does not guarantee a gain, but it biases the list toward names that historical patterns suggest are more likely to rise the next day.
- It directly reflects your goal of holding only overnight and selling the next day.
Why Results Match Your Intent
- You want to invest about $75 in one stock and sell the next day; the price, liquidity, and major‑exchange filters ensure the stocks are actually tradable for you and easy to exit.
- The relative volume, recent 1‑week gain, and one‑day rise probability filters all aim to tilt the list toward stocks with current momentum and statistically favorable short‑term behavior, which is exactly what matters for a 1‑day holding period.
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.