What are some good penny stocks this week

Screening Filters & Rationale

1. Price (max: $5):

   • Purpose: Focus on penny stocks by limiting the price to $5 or below.
   • Rationale: Stocks under $5 are typically classified as penny stocks, aligning with the user's request.

2. Relative Volume (min: 1.5):

   • Purpose: Identify stocks with significantly higher trading activity compared to their average.
   • Rationale: High relative volume indicates increased market interest, which may signal potential price movements.

3. Beta (HighRisk):

   • Purpose: Target high-risk stocks with greater price volatility.
   • Rationale: High beta stocks are more volatile, offering higher potential returns, which suits risk-tolerant investors.

4. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure sufficient liquidity by focusing on stocks with high trading turnover.
   • Rationale: High turnover reduces the risk of illiquidity, making it easier to enter or exit positions.

5. Weekly Price Change Percentage (min: 0%):

   • Purpose: Filter for stocks with positive or stable price performance over the past week.
   • Rationale: Positive weekly price changes may indicate upward momentum or stability, aligning with short-term investment goals.