Screening Filters
Price: 3–150 USD
- Purpose: Focus on reasonably priced, tradeable stocks and avoid extremes.
- Rationale:
- Stocks under ~$3 are often illiquid, highly speculative penny stocks where pre-market “gaps” can be random and hard to trade.
- Very high-priced stocks (over ~$150) can move in dollar terms but are less accessible for many traders and may show different gap behavior.
- This range targets a broad universe of mid/low-priced names that commonly show actionable gap moves.
Relative Volume ≥ 1.5
- Purpose: Find stocks trading with significantly higher interest than usual.
- Rationale:
- Relative volume compares current volume to a stock’s average volume.
- A value ≥ 1.5 means the stock is trading at least 50% more than its normal activity, which often signals news, catalysts, or institutional interest.
- When you’re looking for stocks “expected to gap up today,” elevated activity helps confirm that the pre-market move has real participation behind it.
Volume ≥ 200,000 shares
- Purpose: Ensure minimum liquidity so the gaps are tradable.
- Rationale:
- Thinly traded names can show large price gaps that are mostly noise and difficult to enter/exit without big slippage.
- A floor of 200k shares traded (typically on recent sessions or intraday) focuses the list on stocks where a typical trader can realistically participate.
Gap Pattern: GapUp
- Purpose: Directly target stocks opening significantly above their prior close.
- Rationale:
- A “GapUp” pattern means the pre-market or indicated open price is above yesterday’s closing price.
- This is the core of your question—stocks that are expected to open higher than the previous close.
Pre-market Price Change ≥ 3%
- Purpose: Filter for meaningful expected gap-ups, not tiny noise-level moves.
- Rationale:
- A minimum 3% move in pre-market indicates a notable shift in sentiment, often in response to news (earnings, guidance, upgrades, etc.).
- This removes marginal 0.5–1% gaps that may not be tradable or may close quickly after the open.
Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)
- Purpose: Restrict to major U.S. exchanges.
- Rationale:
- These exchanges list more regulated, better-followed companies with more reliable data and liquidity.
- Excluding OTC and very small venues reduces the chance of highly manipulated or extremely illiquid “gap” names.
Why Results Match Your Request
- You asked for stocks expected to gap up today.
- The GapUp pattern plus pre-market price change ≥ 3% directly capture stocks whose indicated open is significantly above yesterday’s close.
- The relative volume and volume filters make sure these gaps are backed by above-normal trading activity and sufficient liquidity, increasing the likelihood that the gap is meaningful and tradable.
- The price and exchange filters keep the universe focused on mainstream, accessible stocks where pre-market gaps are more reliable and less driven by random, illiquid prints.
Together, these filters narrow the list to liquid, actively traded U.S. stocks showing a significant pre-market move higher, aligning with “stocks expected to gap up today.”
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.