Screening Filters
Price: 1–15 USD
- Purpose: Capture low‑priced U.S. stocks that broadly fit the “penny / low‑price” bucket.
- Rationale:
- “Penny stocks” are often defined as under $5, but in practice many traders use a broader range (e.g., under $10–15) to capture similar high‑risk/high‑reward names.
- Setting the minimum at $1 avoids extremely illiquid, highly speculative sub‑$1 names where spreads and manipulation are more common.
- Setting the maximum at $15 keeps the universe focused on low‑priced stocks that still behave similarly to penny stocks in terms of volatility and return potential.
Monthly average dollar volume: ≥ 200,000 USD
- Purpose: Ensure the stocks have a basic level of liquidity and are actually tradable.
- Rationale:
- Dollar volume = price × volume. A minimum of $200k per month on average filters out “dead” or nearly inactive penny stocks where you might not be able to get in or out at a fair price.
- This still allows for smaller, less-followed names but reduces the risk of being stuck in illiquid positions or facing extreme bid–ask spreads.
Quarter price change %: ≥ 25%
- Purpose: Identify penny/low‑price stocks that have already shown strong recent performance.
- Rationale:
- A ≥ 25% gain over the last quarter is a clear sign of “high returns” in a short period.
- This directly addresses your request to focus on names that have already delivered strong returns, not just low-priced stocks in general.
- It emphasizes momentum or recent appreciation, which is often what traders mean by “have shown high returns.”
List exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)
- Purpose: Restrict results to major U.S. exchanges.
- Rationale:
- Your request specifies U.S. market, so the screen includes only NYSE, NASDAQ, and NYSE American–listed stocks.
- Excluding OTC/pink‑sheet securities typically improves reporting quality, regulatory oversight, and reduces some of the most extreme transparency risks associated with many penny stocks.
Why Results Match Your Request
- “Penny stocks / low‑price stocks”: Addressed by the
1–15 price range, which captures the segment of lower‑priced, more speculative names commonly traded like penny stocks, while avoiding the very lowest tier of sub‑$1 microcaps.
- “In the US market”: Ensured by restricting to XNYS, XNAS, and XASE, the main U.S. exchanges.
- “Have shown high returns”: Captured by requiring at least a 25% price increase over the last quarter, directly selecting for stocks with strong recent performance.
- Tradability / practicality: The $200k+ monthly dollar volume filter reduces extremely illiquid, hard‑to‑trade penny stocks, making the results more actionable for real-world trading or investing.
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.