Penny stock that will double tomorrow

Screening Filters & Rationale

1. Price (max: $5):

   • Purpose: To identify penny stocks that are affordable and meet the definition of low-priced securities.
   • Rationale: Stocks under $5 are typically classified as penny stocks, aligning with the user's request.

2. Price Change Percentage (min: 1%):

   • Purpose: To focus on stocks with recent upward momentum.
   • Rationale: A minimum 1% price increase indicates positive short-term performance, suggesting potential for further gains.

3. Relative Volume (min: 1.0):

   • Purpose: To ensure the stock is experiencing at least average trading activity.
   • Rationale: A relative volume of 1.0 or higher signals sufficient liquidity and heightened market interest.

4. Weekly Average Turnover (min: 1,000,000):

   • Purpose: To filter for stocks with significant trading activity over the past week.
   • Rationale: High turnover ensures the stock is actively traded, reducing the risk of illiquidity.

5. Option Unusual Activity (False):

   • Purpose: To exclude stocks with unusual options activity that may indicate speculative or unpredictable movements.
   • Rationale: Avoiding such stocks reduces exposure to sudden, high-risk volatility.