Take me to stock radar

Screening Filters

1. Price: $1 – $30

   • Purpose: Find lower-priced but reasonably established stocks that you can actually trade with around $50.
   • Rationale:
     • Minimum $1 avoids ultra-cheap OTC/pink-sheet names that are often very illiquid and highly manipulated.
     • Maximum $30 keeps you in a range where, with ~$50, you can buy at least 1–5+ shares instead of being stuck with a fraction of one expensive stock. This matters for day trading because it’s easier to think in terms of share counts and small moves.

2. Volume: ≥ 1,000,000 shares (today)

   • Purpose: Ensure high liquidity so you can get in and out quickly.
   • Rationale:
     • Day traders need tight bid-ask spreads and lots of trading activity.
     • A minimum of 1M shares traded helps filter out “dead” stocks that barely move or are hard to exit without moving the price against you.

3. Relative Volume: ≥ 2

   • Purpose: Focus on stocks that are “in play” today, trading at least twice their normal volume.
   • Rationale:
     • Relative volume ≥ 2 means the stock is getting unusual attention right now (news, earnings, hype, etc.).
     • This often translates into stronger intraday moves and cleaner momentum for day trading—exactly what you want on a “stock radar” for today’s plays.

4. Price Change % (Today): -25% to +25%

   • Purpose: Capture stocks moving meaningfully today, without going to the most extreme outliers.
   • Rationale:
     • A band of -25% to +25% includes strong movers (both gainers and losers) that can offer tradable intraday swings.
     • It excludes some of the very extreme >25% runners or crashers that may be halted repeatedly or behave erratically, which can be too risky given your small account.
     • Including both negative and positive movers lets you look at potential bounce plays (big red names) and momentum/continuation plays (big green names).

5. Exchanges: NYSE (XNYS) and NASDAQ (XNAS)

   • Purpose: Stick to major, regulated US exchanges with better transparency and liquidity.
   • Rationale:
     • NYSE and NASDAQ stocks generally have tighter spreads, more reliable data, and are easier to trade via brokers like SoFi.
     • This avoids OTC/gray market names, which are often traps for small day trading accounts.

6. Region: United States

   • Purpose: Focus on US-listed companies that trade during normal US market hours and are fully supported on most US brokers.
   • Rationale:
     • Matches your SoFi brokerage setup and typical day-trading schedule.
     • Avoids complications with foreign markets (different hours, currency, lower liquidity, ADR quirks, etc.).

Why These Results Match a “Stock Radar for Day Trading”

• They highlight liquid, actively traded US stocks you can easily access on SoFi.
• The price range fits a small account (~$50) while avoiding the worst penny-stock junk.
• High volume + high relative volume focuses on names that are moving today, not just randomly picked tickers.
• The price-change filter targets stocks with real intraday movement (both up and down) that can offer day-trading opportunities, while attempting to avoid the most chaotic extremes.

In short, this set of filters builds a practical “radar screen” of today’s active, tradeable stocks that make sense for short-term day trading with a small account.