Stocks that are prime for day trading.

Screening Filters

1. Price: min = 1, max = 150

   • Purpose: Focus on reasonably priced, tradeable stocks and avoid very illiquid penny stocks and very high‑priced names that require large capital per trade.
   • Rationale:
     • Day traders generally avoid ultra‑low‑priced securities (sub‑$1) because they often have erratic spreads, poor liquidity, and are more prone to manipulation.
     • Capping the price at $150 keeps the universe in a range where you can take meaningful position sizes and scale in/out intraday without tying up too much capital in a single share (as you would with $500–$1,000+ stocks).
     • This range (roughly $1–$150) is common for active traders who want flexibility in share sizing and risk management on small intraday moves.

2. Monthly Average Dollar Volume: min = 100,000

   • Purpose: Ensure a minimum level of liquidity so intraday entry and exit is feasible.
   • Rationale:
     • Day trading requires the ability to get in and out quickly without moving the market too much.
     • Dollar volume (price × volume) is a better liquidity gauge than share volume alone. A minimum of $100k/month filters out the thinnest, least-active names.
     • While serious day traders often prefer far higher dollar volume (millions per day), this threshold is at least a first pass to exclude dead or barely traded stocks that would be very hard to day trade.

3. Price Change % (over selected period): min = -50, max = -0.5

   • Purpose: Target stocks that have recently moved down in price, often associated with higher volatility and potential intraday trading setups (for bounces, reversals, or continuation shorts).
   • Rationale:
     • Day traders seek movement; flat stocks offer fewer opportunities.
     • By focusing on stocks that are down between 0.5% and 50% over the chosen lookback, the screener is looking for:
       • Names with recent negative momentum that may attract short-sellers or contrarian dip-buyers.
       • Increased volatility around bad news, breakdowns, or pullbacks, which often creates tradable intraday swings.
     • The lower bound at -0.5% excludes completely flat names; the upper bound at -50% avoids total collapses that may be halted frequently or trade erratically.

Why Results Match the Request (“prime for day trading”)

• The price range focuses on stocks that are realistically tradable intraday for most accounts (not micro‑pennies, not ultra‑expensive).
• The dollar volume filter ensures at least a baseline of liquidity, an essential feature for any day trading candidate.
• The negative price‑change filter intentionally seeks stocks that are moving and potentially volatile, which is what day traders need—names that are actively repricing, whether for intraday bounces or breakdown continuations.

Together, these filters concentrate on liquid, reasonably priced stocks that have recently moved down, a typical hunting ground for day traders looking for volatility and intraday opportunity.