Penny stocks that are safe to swing trade

Screening Filters & Rationale

1. Market Cap (max: $2,000,000,000):

   • Purpose: Focus on smaller companies with growth potential while avoiding excessively large-cap stocks.
   • Rationale: Ensures the selection remains within the penny stock category, aligning with the user's interest in smaller, swing-tradable stocks.

2. Price (max: $5):

   • Purpose: Target low-priced stocks that qualify as penny stocks.
   • Rationale: Keeps the selection within the user's desired price range for penny stock trading.

3. Relative Volume (min: 1.5):

   • Purpose: Identify stocks with increased trading activity compared to their average.
   • Rationale: Higher relative volume indicates heightened interest, which can lead to short-term price movements suitable for swing trading.

4. Beta (LowRisk, ModerateRisk):

   • Purpose: Limit selections to stocks with manageable volatility.
   • Rationale: Reduces exposure to extreme price swings, aligning with the user's preference for safer swing trades.

5. Weekly Average Turnover (min: $1,000,000):

   • Purpose: Ensure sufficient liquidity for easy entry and exit.
   • Rationale: High turnover minimizes the risk of illiquid positions, which is critical for swing trading.