Screening Filters
Market Cap: 75M – 1.5B USD
- Purpose: Focus on smaller companies that typically fall into the “penny/small-cap” space.
- Rationale:
- Penny stocks are usually smaller, more speculative companies, not large blue-chip firms.
- A minimum of 75M helps avoid the tiniest, illiquid microcaps where pricing can be erratic and spreads very wide.
- A cap of 1.5B keeps us away from mid/large caps and concentrates on the higher-risk/higher-reward end of the market that users usually mean by “penny stocks.”
Price: 0.30 – 3.00 USD per share
- Purpose: Capture low-priced “penny” stocks.
- Rationale:
- Many common definitions of penny stocks use thresholds like under $5 or even under $1.
- Setting a band between $0.30 and $3.00 keeps us in a clearly low-price range, which aligns well with what most investors informally mean by “penny stocks,” while excluding ultra-sub-penny names that tend to be extremely illiquid or problematic.
Moving Average Relationship: PriceAboveMA20
- Purpose: Identify stocks in a short-term uptrend (a key aspect of being “bullish”).
- Rationale:
- When the current price is above its 20-day moving average, it typically signals that the recent trend is upward.
- This helps filter out beaten-down penny stocks that are still trending lower and keeps those where buyers are currently in control.
1-Month Price Change %: Minimum +25%
- Purpose: Require strong recent momentum to further support a bullish bias.
- Rationale:
- A gain of at least 25% over the last month is a clear sign of positive price momentum.
- This complements the moving-average filter by ensuring not just that the stock is above trend, but that it has recently moved up sharply—consistent with a “bullish” setup.
Why Results Match “Bullish Penny Stocks”
- “Penny” is addressed by the low share price range (0.30–3.00) and small-cap focus (75M–1.5B market cap), which together target the typical universe of speculative, low-priced equities.
- “Bullish” is captured by combining PriceAboveMA20 (uptrend) with ≥25% 1‑month gain (strong recent upside momentum), both pointing to stocks currently behaving positively rather than languishing or falling.
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.