Screening Filters
Price: min 0.10, max 1.00
- Purpose: Find low-priced stocks trading under $1 while avoiding ultra-low “trip-zero” penny stocks.
- Rationale:
- Directly matches your request for “stocks under $1.”
- The 0.10 floor helps filter out extremely illiquid, highly speculative names that often trade at fractions of a cent, where spreads are wide and execution is difficult—especially important for short-term trading.
Volume: min 300,000 shares (daily)
- Purpose: Ensure there is enough trading activity to enter and exit positions quickly.
- Rationale:
- Short-term strategies rely on liquidity so trades can be executed near the quoted price.
- A 300k+ volume threshold helps avoid thinly traded penny stocks where a single order can move the price against you, and where it may be hard to close a position.
Beta: HighRisk
- Purpose: Focus on higher-volatility stocks that are more likely to move enough in the short term to create meaningful gains (or losses).
- Rationale:
- “Short-term gains” typically require price movement; high beta is a statistical measure that the stock tends to move more than the market.
- This selection tilts the results toward more volatile names, which are more suitable for active short-term trading than very stable, slow-moving stocks.
1-week price change %: min +5%
- Purpose: Capture stocks that are already showing positive short-term momentum.
- Rationale:
- Requiring at least a 5% gain over the past week focuses on names with recent upward price action, consistent with a momentum-based approach to short-term gains.
- It excludes stocks that are flat or in downtrends, which are less aligned with a “short-term gains” objective.
Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)
- Purpose: Limit results to major U.S. exchanges for better transparency, reporting standards, and more reliable liquidity.
- Rationale:
- Many sub-$1 stocks trade over-the-counter (OTC), where disclosure is weaker and trading can be more erratic.
- Focusing on NYSE/NASDAQ/NYSE American reduces some of the extreme risks associated with the lowest-quality penny stocks, while still giving you under-$1 opportunities.
Why Results Match Your Request
- The price filter directly enforces your “under $1” requirement.
- The volume and exchange filters make the under-$1 universe more tradable and somewhat higher quality for short-term strategies.
- The high beta and positive 1-week performance filters align the list with stocks that are both volatile and currently moving up, which is consistent with seeking short-term gain potential (while also implying higher risk).
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.