Penny stocks showign buy signals

Screening Filters

1. Price: min 0.10, max 5.00

   • Purpose: Limit the search to low-priced “penny” stocks.
   • Rationale: In U.S. markets, penny stocks are typically defined as under $5. Setting 0.10–5.00 focuses on the space you’re interested in while excluding ultra‑illiquid sub‑$0.10 names that often have unreliable quotes and huge spreads.

2. Relative Volume: min 1.5

   • Purpose: Require elevated trading activity versus recent norms.
   • Rationale: A relative volume ≥ 1.5 means the stock is trading at least 50% more volume than its average. When you’re looking for “buy signals,” strong participation confirms that the technical move is not happening on thin, easily manipulated volume.

3. Stock Signals: ['dip']

   • Purpose: Focus on stocks that have recently pulled back (“dipped”).
   • Rationale: Many traders look for buy-the-dip setups: temporary pullbacks within a broader uptrend. The dip signal aims to find penny stocks that may be coming off a recent decline and are potentially at attractive entry levels rather than already extended.

4. Moving Average Relationship: ['PriceCrossAboveMA5', 'PriceCrossAboveMA20', 'PriceAboveMA20']

   • Purpose: Capture bullish moving-average signals.
   • Rationale:
     • PriceCrossAboveMA5: Price just moved above the 5‑day MA → short‑term bullish trigger.
     • PriceCrossAboveMA20: Price just moved above the 20‑day MA → signals a shift from short-term weakness to renewed strength.
     • PriceAboveMA20: Confirms the stock is now trading above a key short‑term trend line, consistent with an emerging uptrend.
       These are classic “buy signal” type conditions in technical analysis, especially after a dip.

5. MACD: ['bullish', 'positive']

   • Purpose: Ensure momentum indicators are aligned bullishly.
   • Rationale:
     • bullish: Typically indicates a MACD line crossing above its signal line – a common buy signal.
     • positive: MACD (or histogram) > 0, showing upward momentum.
       Combining both filters targets penny stocks where momentum is turning up and already in positive territory, supporting the idea of a technically valid entry rather than catching a falling knife.

6. RSI Category: ['moderate']

   • Purpose: Avoid extreme overbought/oversold conditions.
   • Rationale:
     • “Moderate” RSI generally means not oversold (<30)** and **not overbought (>70).
     • For a “buy signal” after a dip, a moderate RSI suggests room to run to the upside without being stretched, while also avoiding deeply oversold names that might be weak for fundamental reasons.

Do These Filters Match Your Request?

Your question:

“Which penny stocks are currently showing buy signals based on technical indicators?”

How the filters map to that:

• “Penny stocks” → handled by the price filter (0.10–5.00).
• “Showing buy signals” → handled by:
  • Bullish moving-average relationships (price crossing above short MAs and above 20‑day MA),
  • MACD bullish + positive (classic momentum buy confirmation),
  • RSI moderate (not overbought, still favorable to enter),
  • dip signal (buy-the-dip style setup).
• “Based on technical indicators” → all of the above indicators (MA, MACD, RSI, volume, dip pattern) are core technical tools.

You did not specify any niche or unsupported indicators (e.g., Ichimoku clouds, proprietary signals), so these filters do align well with your request and reflect common “buy signal” logic used by technical traders.

Why No Results Were Returned

Given how strict these conditions are, it’s not surprising that no stocks passed all filters simultaneously:

• You’re asking for cheap (0.10–5.00) stocks
• With unusually high volume (relative_vol ≥ 1.5)
• That are in a dip
• Just crossing above short and medium‑term moving averages
• With MACD already bullish and positive
• And RSI in a moderate band

This is essentially searching for “penny stocks that have just turned up from a dip, on strong volume, with all major momentum and trend indicators aligned bullishly, and not yet overbought.”

That confluence of conditions is fairly rare on any given day, and it’s entirely possible that:

• Some penny stocks have a bullish MACD but not a fresh price cross above MA;
• Others are bouncing with good volume but RSI is already overbought;
• Or they meet most conditions but relative volume is under 1.5.

So the lack of results doesn’t mean there are no interesting setups at all – it means there are none that meet this very tight definition of a textbook “buy signal.”

Next Step: Adjust Filters?

If you’re open to slightly broadening the search, we can likely surface more candidates. For example, we could:

• Lower relative volume (e.g., from 1.5 → 1.2 or 1.0),
• Allow fewer moving-average conditions (e.g., just PriceAboveMA20),
• Relax MACD to only “bullish” or only “positive,” instead of both,
• Or widen/relax the RSI category to include mildly overbought or mildly oversold.

Would you like to:

• Keep the penny stock focus but loosen some technical filters, or
• Keep the strict technical signals but expand price beyond $5 to mid‑caps and small caps?