Screening Filters
Price: min = 1, max = 10
- Purpose: Restrict results to lower-priced stocks trading under $10.
- Rationale: Your request is “stocks under $10.” The screener sets an upper bound of $10 to match this directly, and a small lower bound of $1 to exclude ultra‑illiquid penny stocks that often have erratic spreads and unreliable pre‑market moves. This keeps the focus on more tradable “sub‑$10” names.
Volume: min = 200,000 (shares)
- Purpose: Ensure minimum liquidity.
- Rationale: Stocks with at least 200k shares traded (typically on the prior regular session) are more liquid and easier to enter/exit without huge slippage. Since you are looking for gap candidates you might want to trade, liquidity is important.
Relative Volume: min = 1.5
- Purpose: Focus on unusually active stocks.
- Rationale: Relative volume ≥ 1.5 means the stock is trading at least 50% more volume than its normal average (on the day being analyzed). Elevated activity often accompanies meaningful news or sentiment shifts, which are common drivers of gap moves. This helps filter out “random” tiny gaps in otherwise inactive stocks.
Gap Pattern: GapUp
- Purpose: Directly target stocks gapping up.
- Rationale: This is the core of your request. “Expected to gap up today” is operationalized as stocks currently showing a gap‑up pattern versus the previous close (typically based on pre‑market indications). This filter isolates those names that are actually trading higher in the pre‑market or at the open compared with yesterday’s close.
Pre‑Market Price Change: min = 3%
- Purpose: Require a meaningful positive move before the open.
- Rationale: A minimum +3% pre‑market move ensures we’re not just picking tiny, insignificant gaps. This aligns with the idea of “expected to gap up” by focusing on stocks already showing a notable positive pre‑market indication.
Exchange List: ['XNYS', 'XNAS', 'XASE'] (NYSE, Nasdaq, AMEX)
- Purpose: Limit to major U.S. exchanges.
- Rationale: These exchanges have better reporting, tighter spreads, and more consistent pre‑market data. That makes gap detection and actual tradability more reliable than in OTC or very illiquid venues.
Why Results Match Your Request
- You asked for “stocks under $10 expected to gap up today”:
- The price filter (≤ $10) directly captures the “under $10” requirement.
- The GapUp pattern + pre‑market price change ≥ 3% operationalize “expected to gap up today” by selecting stocks already showing a meaningful positive indication before the open.
- Supporting filters (volume and relative volume) improve quality:
- Volume ≥ 200k and relative volume ≥ 1.5 focus on names that are both liquid and unusually active—more suitable for trading and more likely to have gaps driven by real catalysts, not random prints.
All requested aspects are covered by the filters we use, and there are no indicators in your query that we’re unable to support here.
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.