Screening Filters
Market Capitalization ≥ $500,000,000
- Purpose: Focus on established, relatively stable companies.
- Rationale:
- A market cap floor of $500M screens out very small, highly speculative micro-caps that can be harder to analyze and more easily manipulated intraday.
- For “buying and selling today,” you generally want companies with some institutional presence, better disclosures, and more predictable trading behavior. Mid/small-to-mid caps still offer movement, but are usually more liquid and less fragile than tiny penny stocks.
Share Price Between $3 and $200
- Purpose: Avoid extreme penny stocks and ultra-expensive names, keeping prices within a tradable, practical range.
- Rationale:
- Minimum $3 helps exclude illiquid, highly volatile penny stocks that often have wide bid–ask spreads and higher manipulation risk—poor candidates for active same‑day trading.
- Maximum $200 avoids very high-priced stocks where each share is costly, which can:
- Limit position sizing flexibility for smaller accounts.
- Make short-term trading more capital-intensive.
- This range balances accessibility and quality—stocks are “affordable” enough to trade nimbly, but not so cheap that they’re often distressed or low quality.
Monthly Average Dollar Volume ≥ $500,000
- Purpose: Ensure sufficient liquidity for entering and exiting positions intraday.
- Rationale:
- Dollar volume (price × volume) captures how much money trades hands on an average day/month, not just the share count.
- A $500K+ monthly average dollar volume (translating to a decent daily dollar volume) helps ensure:
- Tighter bid–ask spreads.
- Less slippage when you buy or sell.
- A better chance that your orders will be filled quickly at fair prices—critical for “buying and selling today” rather than holding long term.
Price Change Percentage Between -50% and -1% (Recent Decline)
- Purpose: Identify stocks that have recently pulled back, which might be candidates for short-term opportunity (e.g., potential rebounds or continuation trades).
- Rationale:
- Filtering for negative performance (down between 1% and 50%) focuses on:
- Stocks that may be temporarily oversold or reacting to short-term news.
- Names where active traders might look for a reversal or bounce if the selling is overdone.
- The -50% lower bound excludes catastrophic collapses (e.g., -80%+), which often indicate severe fundamental problems, delistings, or extraordinary risk—typically not ideal for day-level opportunistic trading unless you’re highly specialized.
- The -1% upper bound ensures you’re not looking at flat or rising stocks; instead, you’re seeing names with recent weakness where price action might be more interesting for active trades.
Why Results Match Your Question (“Which stocks are suitable for buying and selling today?”)
- The liquidity and size filters (market cap ≥ $500M, dollar volume ≥ $500K) target stocks you can realistically buy and sell within the same day without huge slippage or execution issues.
- The price range ($3–$200) focuses on tradable, practical names—neither extreme penny stocks nor ultra-expensive shares—suited for active trading strategies.
- The recent price decline filter (-50% to -1%) narrows the list to stocks that have moved down recently, which are often the ones traders watch closely for short-term opportunities (reversals, mean reversion, or momentum continuation), making them more “interesting” for buying/selling today rather than just long-term investing.
Together, these filters aim to surface reasonably established, liquid stocks that have recently pulled back—conditions that many active traders look for when deciding what to trade on a given day.
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.