Short trade ideas

Screening Filters

1. relative_vol ≥ 1.5

   • Purpose: Find stocks trading with at least 1.5x their average volume.
   • Rationale: For a short trade idea similar to what you might be considering in PLTR, you want names that are “in play”: high attention, strong participation, and potentially emotional/extended moves. Elevated relative volume often signals exhaustion or climactic buying, which can precede reversals and provide better short entries and liquidity to get in/out.

2. rsi_category: overbought

   • Purpose: Isolate technically overbought stocks (e.g., RSI typically > 70).
   • Rationale: Short setups often start from overbought conditions, where price has run too far, too fast. If PLTR is being considered as a short because it looks overextended, this filter finds other names in a similar momentum-exhaustion zone, where mean reversion risk is high.

3. moving_average_relationship: PriceAboveMA200

   • Purpose: Require price to be above the 200-day moving average.
   • Rationale: This ensures the stock is in a longer-term uptrend and currently extended above a major trend benchmark. For short ideas, that typically means:
     • The trend has been strong (fueling a big move up that can unwind).
     • Price may be stretched far above “fair trend value,” increasing the odds of a pullback toward the 200-day MA.
       This matches the idea of shorting names that have run well ahead of their longer-term trend, similar to an extended PLTR chart.

4. new_high_low: 52w_High

   • Purpose: Select stocks making new 52-week highs.
   • Rationale: Short candidates often emerge right after or during fresh highs, when optimism is extreme and late buyers are chasing. If PLTR is near or at a 52-week high and you are looking to fade that strength, this filter finds other stocks at similar extremes where:
     • Risk of a blow-off top is higher.
     • Risk/reward for a counter-trend short can be attractive once momentum stalls.

5. month_price_change_pct ≥ 25%

   • Purpose: Capture stocks that are up at least 25% in the past month.
   • Rationale: A big one-month move often indicates very sharp, potentially unsustainable appreciation. For short ideas, you’re often targeting names with:
     • Rapid vertical moves (parabolic behavior).
     • High probability of consolidation or retracement.
       If PLTR has had a recent strong run that you want to fade, this filter finds other stocks that have similarly surged and may be vulnerable to profit-taking.

6. list_exchange: XNYS, XNAS, XASE

   • Purpose: Limit results to major U.S. exchanges (NYSE, NASDAQ, AMEX).
   • Rationale: For practical short trading, you typically want:
     • Higher liquidity and tighter spreads.
     • Better borrow availability and more stable market structure.
       Keeping to these venues makes the screen more actionable and more comparable to trading PLTR (a large, U.S.-listed name).

Why Results Match Your “Short Trade Ideas for PLTR” Request

• The screen targets overextended, overbought leaders: stocks at 52-week highs, far above their 200-day moving average, with strong 1-month performance—similar to how PLTR might look when considered for a short after a big run.
• Technical exhaustion cues (overbought RSI, large recent gains, high relative volume) are classic ingredients for mean-reversion or pullback short setups, which is aligned with seeking short trade ideas.
• Restricting to major U.S. exchanges ensures liquid, institutionally-traded names more similar in profile to PLTR and generally more feasible to short.