STOCKS BELOW $1 FOR DAY TRADE TODAY

Screening Filters

1. Price: 0.10 – 1.00 USD

   • Purpose: Find stocks trading under $1 that are still reasonably tradeable.
   • Rationale:
     • Your request is “STOCKS BELOW $1 FOR DAY TRADE TODAY,” so the max price of 1 directly enforces the “below $1” requirement.
     • The minimum of $0.10 avoids ultra‑illiquid sub‑penny names that are often hard to enter/exit and can be highly manipulated. This keeps you in very low‑priced stocks but with at least a basic level of tradability.

2. Relative Volume (relative_vol ≥ 1.5)

   • Purpose: Prioritize stocks that are trading with unusually high activity today versus their normal volume.
   • Rationale:
     • For day trading, you want names “in play” today, not just any cheap stock.
     • A relative volume of 1.5+ means the stock is trading at least 50% more volume than usual, which usually reflects news, momentum, or heightened trader attention — ideal conditions for intraday setups.

3. Volume (≥ 500,000 shares)

   • Purpose: Ensure there is sufficient liquidity for intraday entries and exits.
   • Rationale:
     • Day traders need tight spreads and the ability to size in/out quickly.
     • A minimum of 500k shares traded (on the day) screens out thinly traded penny names where you might get stuck or suffer big slippage. This threshold is a reasonable balance between opportunity and liquidity in the sub‑$1 universe.

4. Price Change %: -5% to +20% (price_change_pct)

   • Purpose: Focus on stocks that are moving enough to be worth day trading, but not so extreme that they’re likely already exhausted or purely spike/gamma moves.
   • Rationale:
     • Lower bound -5%: Avoids completely flat names, but still allows modest red stocks that could bounce intraday. Extremely beaten‑down names (e.g., -40%) can be dangerous and often already had their main move.
     • Upper bound +20%: Captures strong movers with intraday opportunity without only giving you the most extreme gap runners (50–200%+), which can be very crowded and unstable. This keeps you in a tradable momentum zone suitable for many day‑trading styles.

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

   • Purpose: Restrict results to major U.S. exchanges.
   • Rationale:
     • These exchanges generally have better liquidity, more reliable data, stricter listing standards, and better order execution than OTC or pink sheet stocks.
     • For day trading, this typically means tighter spreads, better fills, and fewer “broken” names, even in the sub‑$1 price range.

Why Results Match Your Request

• The price filter (≤ $1) directly satisfies your request for “STOCKS BELOW $1.”
• The relative volume and absolute volume filters together target liquid, active movers, which is exactly what a day trader usually needs: names that are trading heavily today, not just theoretically cheap.
• The price change range narrows the list to stocks that are already showing intraday movement and volatility, but avoids the most extreme outliers that are often hardest to trade safely.
• Limiting to major U.S. exchanges ensures the names you see are generally more suitable for professional‑style day trading than illiquid OTC tickers.

We don’t appear to be missing any specific indicator you requested; your query was high‑level (“stocks below $1 for day trade today”), and these filters are a practical, focused way to surface low‑priced stocks that are both under $1 and realistically day‑tradable today.