Screening Filters
Price: min = 0.10, max = 5
- Purpose: Capture penny stocks by restricting the share price to a low range.
- Rationale: In U.S. markets, “penny stocks” are commonly defined as stocks trading under $5 per share. Setting the price between 0.10 and 5:
- Excludes ultra-low “sub-penny” prices (under $0.10), which are often illiquid and extremely speculative.
- Caps the price at $5 to stay consistent with the standard penny stock definition.
- Directly aligns with your request to focus on penny stocks specifically.
Volume: min = 1,000,000 shares
- Purpose: Find the most active penny stocks by requiring high trading activity.
- Rationale: “Most active” in day-to-day market language refers to high trading volume (shares traded). A minimum of 1,000,000 shares:
- Filters out thinly traded names that may move on very few trades.
- Prioritizes liquid penny stocks where a lot of buying and selling is happening today.
- Serves as a practical proxy for “most active” since we can’t literally select only the single highest-volume names, but we can focus on high-volume candidates.
Price_change_pct: min = 0.1 (i.e., ≥ +0.1%)
- Purpose: Ensure positive performance today by requiring the stock to be up on the day.
- Rationale: You asked for stocks with positive performance today. Using a minimum daily price change percentage greater than zero:
- Screens for stocks whose price has increased (not stayed flat or declined).
- A small threshold (0.1%) avoids borderline rounding issues around exactly 0%, while still effectively capturing “positive on the day.”
- Directly maps to your “positive performance” criterion on a daily basis.
Why Results Match:
- “Penny stocks” are targeted via the price range of $0.10–$5, which fits standard market definitions.
- “Most active” is effectively approximated by requiring high trading volume (≥ 1,000,000 shares), a common measure of activity.
- “Positive performance today” is addressed by the price_change_pct ≥ 0.1% filter, ensuring only stocks that are up on the day are included.
All the filters used align well with your request, and no unsupported indicators were needed for this screen.
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.