Screening Filters
Market Cap ≥ $5,000,000,000
- Purpose: Focus on established, relatively stable companies instead of small, highly speculative names.
- Rationale: For short‑term trades “this week,” you still want stocks that are less prone to manipulation and extreme gaps. Large/mid caps tend to:
- Have tighter bid–ask spreads
- React more cleanly to technical levels
- Attract institutional interest (which drives tradable moves)
Price between $15 and $120
- Purpose: Keep to reasonably priced stocks that are practical for a $1,000–$10,000 account and avoid penny‑stock type behavior.
- Rationale:
- Stocks under ~$15 are more likely to behave like penny stocks: huge intraday swings, wide spreads, and higher risk of erratic moves.
- Very high‑priced stocks (hundreds or thousands per share) can make it hard to size positions flexibly in a smaller account.
- The $15–$120 band balances volatility and accessibility, which suits a short‑term trader who wants actionable setups this week.
Monthly Average Dollar Volume ≥ $2,000,000
- Purpose: Ensure adequate liquidity so you can enter and exit positions quickly within the week.
- Rationale:
- Using dollar volume instead of just share volume filters for stocks where meaningful money is trading hands.
- Higher dollar volume generally means:
- Tighter bid–ask spreads (lower trading cost)
- Less slippage when you place market or stop orders
- More reliable technical patterns, which is critical for short‑term trading.
PriceAboveMA20 (Price above 20‑day Moving Average)
- Purpose: Only include stocks in a short‑term uptrend.
- Rationale:
- The 20‑day moving average is a classic short‑term trend indicator.
- Requiring price to be above the 20‑day MA means:
- The stock is currently in an upward bias over roughly the last month.
- You’re trading with the trend rather than trying to “catch a falling knife.”
- This is exactly the kind of condition short‑term traders look for when picking candidates “for this week.”
1‑Week Price Change % between +4% and +25%
- Purpose: Target stocks that are already showing recent strength, but not so extended that they’re likely to be “blow‑off” moves.
- Rationale:
- Minimum +4% over the last week: ensures the stock is actually moving and has momentum—important if you want near‑term opportunities.
- Maximum +25%: avoids names that have already exploded higher, where:
- Risk of a sharp pullback is higher.
- The “easy” part of the move may already be done.
- This range is a momentum sweet spot for short‑term trades: strong, but not yet parabolic.
Region: United States
- Purpose: Limit to U.S. stocks for better accessibility, data quality, and regulatory standards.
- Rationale:
- U.S. markets (especially for NYSE/Nasdaq/AMEX stocks) tend to:
- Have robust liquidity
- Offer options markets (useful for additional strategies)
- Provide timely, standardized disclosures
- This aligns with a short‑term trader who likely has straightforward access to U.S. exchanges.
Exchange: XNYS (NYSE), XNAS (Nasdaq), XASE (AMEX)
- Purpose: Restrict results to major, reputable U.S. exchanges.
- Rationale:
- These exchanges list the most liquid, widely followed U.S. stocks.
- Avoids OTC and lightly regulated venues where:
- Liquidity can vanish quickly
- Price action may be erratic
- This improves the odds that any screened stock can actually be traded efficiently this week.
Why Results Match Your Request (“Short‑Term Stocks for This Week”)
The timeframe (“this week”) is captured by:
- The 1‑week price change filter (ensuring very recent momentum).
- The price above 20‑day MA filter (confirming a current short‑term uptrend).
The trading suitability for a smaller, active account is addressed by:
- The price range ($15–$120), which keeps stocks affordable and avoids ill‑behaved penny names.
- The dollar volume filter (≥$2M), ensuring enough liquidity for in‑and‑out trading within days.
The risk and quality angle is handled by:
- The market cap ≥ $5B, which tilts toward more stable, institutionally followed companies.
- Limiting to U.S. stocks on NYSE/Nasdaq/AMEX, which are heavily regulated and widely traded.
Together, these filters search for liquid, U.S. large/mid‑cap stocks that are already moving up recently, in a short‑term uptrend, and practical to trade within a week, which aligns well with your request for short‑term stock ideas for this week.
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.