Screening Filters
Market Cap ≥ $10B (market_cap: {min: 10000000000})
- Purpose: Focus on larger, more established companies.
- Rationale:
- As a day trader with limited capital, you need stocks that are heavily traded and less prone to extreme manipulation.
- Large caps tend to have tighter spreads, deeper order books, and more reliable price action intraday than small/penny stocks.
Price Between $5 and $60 (price: {min: 5, max: 60})
- Purpose: Avoid very low-priced penny stocks and very high-priced names that limit position size.
- Rationale:
- Below $5, price moves are often erratic, spreads wider, and slippage higher – not ideal for quick in-and-out trades.
- Above $60, with < $1,000 to deploy, you’d only get a handful of shares, which reduces flexibility and impact of small price moves.
- In the $5–$60 range, you can buy a reasonable number of shares per trade (e.g., 15–150 shares), which suits your day-trading style.
Monthly Average Dollar Volume ≥ $5M (monthly_average_dollar_volume: {min: 5000000})
- Purpose: Ensure high liquidity and easy entry/exit.
- Rationale:
- You need to be able to get in and out quickly without moving the price much.
- A minimum of $5M traded per day on average means:
- Tighter bid–ask spreads
- Plenty of counterparties to take the other side of your trade
- Lower slippage, which is critical for short holding periods.
Price Above 20-Day Moving Average (moving_average_relationship: ['PriceAboveMA20'])
- Purpose: Capture stocks in a short-term uptrend.
- Rationale:
- You were attracted to ZNTL because it was making a new high and riding strong momentum.
- “Price above 20-day MA” is a classic momentum filter:
- It selects names where buyers are in control over the last month.
- It increases the chance that intraday dips are bought and the trend continues, which suits your impatient, momentum-driven style.
1-Month Price Change ≥ +20% (month_price_change_pct: {min: 20})
- Purpose: Find recent strong movers, similar to ZNTL’s big jump.
- Rationale:
- A 20%+ gain over the last month signals strong recent demand and potential continuation trades.
- This matches your interest in stocks that are already moving and “in play,” rather than slow, range-bound names.
- These are the types of stocks that tend to have good intraday volatility – important for day trades.
Region: United States (region: ['United States'])
- Purpose: Limit results to U.S.-listed companies.
- Rationale:
- U.S. markets (NYSE, NASDAQ, AMEX) have high liquidity, strong regulation, and are likely where you’re trading given you were looking at ZNTL.O.
- This avoids thinly traded foreign listings and time-zone/liquidity issues.
Exchanges: NYSE, NASDAQ, AMEX (list_exchange: ['XNYS', 'XNAS', 'XASE'])
- Purpose: Restrict to major U.S. exchanges.
- Rationale:
- These exchanges host the most liquid, actively traded stocks.
- It excludes OTC/pink-sheet names, which often have poor liquidity, wider spreads, and higher risk of price manipulation – not ideal for your style.
Why Results Match What You Asked For
- You asked for “some stocks I can buy” right now, after focusing on ZNTL, a strong momentum name hitting new highs.
- The screen is built to:
- Prioritize liquidity and tradability (large caps, high dollar volume, major exchanges) so your day trades can be executed cleanly.
- Emphasize momentum and strong recent performance (price above 20-day MA and ≥20% monthly gain), aligning with your interest in big movers like ZNTL.
- Keep prices in a practical range for your capital size ($5–$60), ensuring you can take meaningful positions without over- or under-sizing.
Overall, these filters are tuned to surface U.S. large-cap, highly liquid momentum stocks that are actively moving and suitable for your impatient, day-trading approach.
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.