Potential swing trade possibilities?

Screening Filters

1. Price: 5–150 USD

   • Purpose: Focus on tradable, reasonably priced stocks suitable for swing trading.
   • Rationale:
     • Below $5, many stocks are illiquid, more volatile, and subject to erratic moves that are hard to manage with stop-losses.
     • Above $150, position sizing becomes trickier for smaller accounts and % swings may be “smaller per dollar” for many names.
     • The $5–$150 range balances accessibility, liquidity, and decent volatility—ideal for typical swing-trade setups.

2. Monthly Average Dollar Volume ≥ $1,000,000

   • Purpose: Ensure sufficient liquidity for entering and exiting positions without excessive slippage.
   • Rationale:
     • Swing traders need to be able to get in and out near their planned prices.
     • Using dollar volume (price × volume) focuses on how much money trades hands, not just share count.
     • A $1M+ threshold filters out thinly traded names that can gap unpredictably and are hard to trade at size.

3. Moving Average Relationship: PriceAboveMA20

   • Purpose: Target stocks in short-term uptrends.
   • Rationale:
     • The 20-day moving average is a common measure of the short-term trend.
     • Requiring price above the 20-day MA biases toward bullish setups where momentum is favorable.
     • For swing trades, you typically want to ride a short-term upmove rather than fight the prevailing direction.

4. Support/Resistance Relationship: PriceAroundSupport

   • Purpose: Find stocks near technical support, a typical entry zone for swing trades.
   • Rationale:
     • Buying near support can improve reward-to-risk: your stop can be placed just below support, while upside often extends to prior resistance.
     • “PriceAroundSupport” looks for areas where the stock is pulling back to a level where buyers have previously stepped in—classic swing trade entries (e.g., pullback in an uptrend).

5. RSI Category: Moderate

   • Purpose: Avoid overbought/oversold extremes and focus on balanced momentum setups.
   • Rationale:
     • Very high RSI (overbought) can signal a near-term pause or pullback.
     • Very low RSI (oversold) can mean a downtrend with risk of further declines.
     • A moderate RSI suggests the stock isn’t stretched in either direction, which is often where swing traders look for controlled entries (e.g., healthy pullback in an uptrend rather than a panic move).

6. Region: United States

   • Purpose: Limit to U.S.-listed companies.
   • Rationale:
     • U.S. markets generally offer strong liquidity, tighter spreads, and robust regulation—all important for active trading strategies.
     • It also ensures more consistent trading hours and news flow for a swing trader who may be based in or focused on U.S. markets.

7. Exchange: XNYS (NYSE), XNAS (NASDAQ), XASE (AMEX)

   • Purpose: Focus on major U.S. exchanges.
   • Rationale:
     • These exchanges host most of the larger, more liquid, and better-regulated stocks.
     • Avoids OTC/pink sheet names, which can be extremely illiquid and risky for swing trading.

Why Results Match Your Swing-Trade Request

• The technical trend filters (PriceAboveMA20, PriceAroundSupport, moderate RSI) are tailored for classic bullish swing setups: stocks in short-term uptrends, pulling back toward support, without being overextended.
• The liquidity and price filters (price 5–150, ≥$1M monthly dollar volume, major U.S. exchanges) ensure the names are practical to trade: good fills, manageable slippage, and reasonable volatility.
• The U.S. region and main exchanges keep the universe focused on widely followed, well-regulated markets where technical setups are more reliable.

Together, these filters narrow the universe to stocks that technically and practically fit what many traders look for as “potential swing trade possibilities.”