Screening Filters & Rationale
Market Cap (max: $500,000,000):
- Purpose: Focus on small-cap companies with high growth potential.
- Rationale: Smaller market cap stocks often exhibit higher volatility, aligning with penny stock trading strategies.
Price (max: $5):
- Purpose: Identify low-priced stocks classified as penny stocks.
- Rationale: Stocks under $5 are typically considered penny stocks, suitable for speculative trading.
Relative Volume (min: 2):
- Purpose: Highlight stocks with significant recent trading activity.
- Rationale: A relative volume above 2 indicates increased interest and potential momentum.
Weekly Average Turnover (min: $2,000,000):
- Purpose: Ensure sufficient liquidity for trading.
- Rationale: Higher turnover reduces the risk of illiquidity and allows for easier entry and exit.
Weekly Price Change Percentage (min: 2%):
- Purpose: Focus on stocks with upward momentum.
- Rationale: A positive price change suggests recent bullish sentiment, aligning with short-term trading goals.
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.