Screening Filters
Price: min = $1, max = $5
- Purpose: Limit results to low-priced stocks trading between $1 and $5.
- Rationale: You specifically asked for “stocks priced within $5.” Setting the upper bound at $5 enforces that cap, and the $1 minimum helps avoid many illiquid penny stocks under $1 that often have unreliable pricing and wild, low-volume swings.
Volume: min = 1,000,000 shares
- Purpose: Ensure the stocks are actively traded.
- Rationale: A minimum daily volume of 1M shares filters out thinly traded names where price moves can be misleading or hard to trade in and out of. High volume also tends to confirm that any price surge is attracting broader market interest, not just a few small trades.
Relative Volume: min = 1.5
- Purpose: Focus on stocks trading at significantly higher volume than usual.
- Rationale: Relative volume compares current trading volume to the stock’s average. A value ≥ 1.5 means the stock is trading at least 50% more volume than normal, a strong sign that the move is unusual and potentially news- or momentum-driven—consistent with a “significant” surge, not routine fluctuations.
Price Change Percentage: min = 10% (on the day)
- Purpose: Capture stocks experiencing a clearly defined “significant price surge.”
- Rationale: A daily move of +10% or more is a substantial intraday gain for most listed stocks. This threshold operationalizes your “significant price surges” request into a measurable filter, ensuring that only outsized movers are included.
Exchange List: XNYS (NYSE), XNAS (NASDAQ), XASE (AMEX)
- Purpose: Restrict results to major U.S. exchanges.
- Rationale: These exchanges have stricter listing standards, better liquidity, and more reliable data than OTC or pink sheet markets. This keeps the list focused on more tradable, better-regulated names while still hitting your low-price and surge criteria.
Why Results Match Your Request
- The price range filter ($1–$5) directly targets the “priced within $5” requirement.
- The 10%+ price change and ≥1.5 relative volume jointly identify stocks undergoing meaningful, unusual surges rather than normal daily noise.
- The 1M+ volume and major-exchange filters ensure these surging low-priced stocks are liquid and tradeable, making the results more practical and relevant for real-world trading or analysis.
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.