Stocks under $5 that will go up today

Important Note on “Expected to Increase Today”

No screen can guarantee that a stock will go up today. What we can do is look for characteristics that historically are associated with a higher probability of rising in the very short term. The filters below are chosen with that goal in mind.

Screening Filters

1. Price: {'min': '0.5', 'max': '5'}

   • Purpose: Find “low-priced” stocks under $5, while excluding ultra‑cheap, sub‑penny names.
   • Rationale:
     • The user explicitly requested “stocks under $5,” so the upper bound is set to 5.
     • A minimum of $0.50 helps avoid extremely illiquid or distressed penny stocks, which can be harder to trade and more prone to erratic moves not driven by normal market factors.

2. Monthly Average Dollar Volume: {'min': '500000'}

   • Purpose: Ensure the stocks have sufficient trading liquidity.
   • Rationale:
     • A minimum of $500k traded per day (on average over the past month) reduces the risk of getting stuck in illiquid positions and makes price moves more “trustworthy.”
     • Low liquidity can create random spikes that don’t meaningfully reflect genuine buying interest; this filter leans toward more tradeable names.

3. Relative Volume: {'min': '1.5'}

   • Purpose: Focus on stocks trading with unusually high current volume vs their normal average.
   • Rationale:
     • Relative volume > 1.5 means the stock is currently trading at least 50% more volume than usual for the same time of day.
     • Elevated volume often accompanies strong buying or selling interest. When combined with bullish price action, it can signal increased likelihood of a move up in the near term.

4. Moving Average Relationship: ['PriceAboveMA5']

   • Purpose: Capture stocks in a short-term uptrend.
   • Rationale:
     • Price above its 5‑day moving average (MA5) indicates recent price strength: the last few days’ prices are generally lower than the current price.
     • For a “today” bias, using a short MA like 5 days is appropriate; it’s sensitive to near‑term momentum, which aligns with the idea of catching a further intraday/next‑day move up.

5. Region: ['United States']

   • Purpose: Limit results to U.S.-listed companies.
   • Rationale:
     • Matches typical user expectation when no region is specified and ensures more consistent market hours, regulation, and data quality.
     • Helps keep the universe manageable and relevant (e.g., excludes very illiquid over-the-counter foreign names).

6. List Exchange: ['XNYS', 'XNAS', 'XASE']

   • Purpose: Restrict to major U.S. exchanges: NYSE, NASDAQ, and AMEX.
   • Rationale:
     • These exchanges list more established or at least better‑regulated companies compared with OTC markets.
     • Improves data reliability, liquidity, and reduces the chance of extremely speculative or manipulated tickers dominating the list.

7. One-Day Rise Probability: {'min': '60'}

   • Purpose: Filter for stocks where a prediction model estimates at least a 60% probability of rising in price over the next day.
   • Rationale:
     • Directly addresses your interest in “expected to increase in price today.”
     • While not a certainty, a ≥60% threshold tries to tilt the results toward names with favorable short‑term statistical patterns based on historical behavior and current market factors.

Why Results Match Your Request

• Under $5: The price filter (0.5–5) directly aligns with “stocks under $5” while avoiding the least tradable micro‑pennies.
• Higher Chance of Rising:
  • PriceAboveMA5 captures stocks with recent upward momentum.
  • Relative volume ≥ 1.5 focuses on names with strong current trading interest, often accompanying price moves.
  • One-day rise probability ≥ 60% uses a quantitative model to explicitly bias towards stocks that have a statistically higher chance of going up in the very short term.
• Tradable and Reliable:
  • The dollar volume, region, and exchange filters ensure results are reasonably liquid, U.S.-listed, and on major exchanges, making any discovered opportunities more practical to actually trade.

Together, these filters don’t guarantee gains, but they systematically narrow the universe to low-priced U.S. stocks that are liquid, in short-term uptrends, seeing unusual interest today, and statistically skewed toward a positive move.