Stock that trades 1.00 to 2.00 day trade

Screening Filters

1. Price: $1.00 to $2.00

   • Purpose: Restrict the universe to low-priced stocks in the exact range the user asked for.
   • Rationale: Since the user wants stocks that trade from 1.00 to2.00 for day trading, this filter is the core match. It targets penny-stock / low-priced names that typically have the intraday movement and accessibility day traders often look for.

2. Relative Volume: minimum 1.5

   • Purpose: Find stocks trading with at least 1.5x normal volume.
   • Rationale: Day trading depends heavily on liquidity and participation. Higher relative volume usually means stronger interest, better price movement, and easier entry/exit. This helps avoid thinly traded names that are difficult to trade efficiently.

3. Moving Average Relationship: PriceAboveMA5, PriceAboveMA20

   • Purpose: Identify stocks trading above their short-term and medium-term trend lines.
   • Rationale: For day trading, stocks above the 5-day and 20-day moving averages often have stronger momentum and are less likely to be in a weak downtrend. This can help focus on names with bullish intraday or short-term technical strength rather than falling stocks.

4. RSI Category: moderate

   • Purpose: Filter for stocks that are neither extremely overbought nor oversold.
   • Rationale: A moderate RSI often suggests the stock still has room to move without being too extended. For day trading, this can be useful because it avoids chasing overheated names and avoids stocks that may be too weak to sustain upside.

Why These Filters Work Together

• The price filter matches the user’s requested trading range directly.
• The relative volume filter improves the chance of finding tradable, liquid stocks.
• The moving average filters bias the list toward short-term strength and momentum, which is useful for day trading.
• The moderate RSI helps avoid extremes and focuses on stocks with balanced short-term technical conditions.

Do the filters match the user’s request?

• Yes, they match well. The user asked for stocks that trade from $1.00 to $2.00 for day trading, and the filters are designed to find exactly that kind of setup: low-priced, active, and technically favorable stocks.
• We do not need any unsupported indicators here; these filters are sufficient and appropriate for the request.
• If you want, I can also explain how these filters would change if the goal were scalping, swing trading, or higher-probability breakout setups.