Screening Filters
Price: $1–$10
- Purpose: Find lower-priced stocks where a $100 account can buy a meaningful number of shares.
- Rationale:
- With $100, you can’t trade many shares of a $50–$100 stock, which limits your ability to capture small intraday moves.
- In the $1–$10 range, you can often buy 10–100+ shares, so a $0.20–$0.50 move can be a useful dollar profit for a small account.
Monthly Average Dollar Volume ≥ $1,000,000
- Purpose: Ensure the stocks are liquid enough for day trading.
- Rationale:
- Dollar volume (price × volume) shows how much money flows through the stock daily.
- At ≥ $1M average, you’re more likely to:
- Enter and exit quickly
- Get filled near the price you see
- Avoid extremely illiquid names that can “trap” small traders
Relative Volume ≥ 1.5
- Purpose: Focus on stocks trading at least 1.5× their normal volume today.
- Rationale:
- High relative volume usually means something is happening: news, catalyst, or unusual interest.
- These are the names more likely to have clean intraday moves and follow-through, which day traders rely on.
Daily Price Change % ≥ 3%
- Purpose: Find stocks already moving meaningfully today.
- Rationale:
- A stock up or down at least 3% has enough volatility to potentially offer tradable intraday swings.
- Very flat stocks (±1%) aren’t ideal for short-term trading—they may not move enough to justify commissions, spreads, or risk.
5-Minute Price Change % ≥ 0.5%
- Purpose: Capture stocks showing recent intraday momentum, not just earlier in the day.
- Rationale:
- A ≥0.5% move in the last 5 minutes suggests active, current movement rather than something that spiked hours ago and went flat.
- This helps you focus on names that are “in play” right now, which is critical for intraday setups.
Why Results Match Your Goal of Day Trading with ~$100
- The price filter ($1–$10) lines up with a small account, letting you buy enough shares for small price moves to matter.
- The liquidity filter (≥$1M dollar volume) seeks stocks you can realistically get in and out of without huge slippage.
- The relative volume and price-change filters (Rel Vol ≥1.5, daily change ≥3%) target tickers that are actively traded and volatile enough for day trades.
- The 5-minute change filter keeps the list focused on stocks moving right now, instead of stale movers, which is important when you’re looking for trades “today.”
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.