Penny stocks likely to be bullish monday

Screening Filters & Rationale

1. Market Cap (max: $1,000,000,000):

   • Purpose: Focus on small-cap companies with higher growth potential.
   • Rationale: Smaller market cap stocks often exhibit higher volatility, aligning with the goal of identifying bullish penny stocks.

2. Price (max: $5):

   • Purpose: Limit the selection to penny stocks.
   • Rationale: Stocks priced under $5 are typically classified as penny stocks, fitting the user's request.

3. Relative Volume (min: 2):

   • Purpose: Identify stocks with significantly increased trading activity.
   • Rationale: High relative volume suggests heightened investor interest, which can precede bullish movements.

4. Moving Average Relationship (PriceCrossAboveMA20):

   • Purpose: Highlight stocks showing positive momentum.
   • Rationale: A price crossing above the 20-day moving average indicates a potential upward trend.

5. Weekly Price Change Percentage (min: 2%):

   • Purpose: Focus on stocks with recent upward momentum.
   • Rationale: A minimum 2% weekly price increase suggests bullish sentiment and potential continuation.