Quick Note on “Significant Profits”
No filter can guarantee significant profits or predict which single stock will be “good” today. What screening can do is narrow down to stocks that historically move more and attract active traders, which increases opportunity but also risk. The filters below are chosen with that in mind.
Screening Filters
Price: $10–$150
- Purpose: Focus on reasonably priced, actively tradable stocks.
- Rationale:
- Below $10, many names are low-priced/penny-type stocks with higher manipulation risk, wide spreads, and less reliable liquidity.
- Above $150, position sizing becomes harder for smaller accounts and intraday percentage swings may translate into fewer shares traded.
- The $10–$150 band is common among active traders because it balances:
- Sufficient volatility for profits.
- Good liquidity and tighter bid–ask spreads.
- Ability to size positions flexibly.
Relative Volume (relative_vol ≥ 3)
- Purpose: Find stocks trading at at least 3× their normal volume today.
- Rationale:
- Elevated relative volume usually means something is happening (news, earnings, catalyst), which often leads to bigger intraday moves.
- High relative volume also improves liquidity, making it easier to get in and out without huge slippage—important if you’re trying to capture significant intraday profits.
Beta: HighRisk (High Beta)
- Purpose: Target high-volatility stocks that move more than the overall market.
- Rationale:
- A high-beta stock typically amplifies market moves (e.g., if the market moves 1%, a high-beta stock might move 1.5–2%+).
- For traders seeking “significant profits,” you usually want larger price swings; high beta is a direct way to screen for that.
- This also means higher risk—the same volatility that can create large profits can also cause large losses.
Price Change % (Today): +4% to +15%
- Purpose: Capture stocks already making a meaningful move up today, but avoid extremes that may be exhausted or highly unstable.
- Rationale:
- A move of 4–15% intraday is substantial enough to indicate strong momentum or a strong catalyst, which is where short-term traders often find opportunities.
- Under +4% might not be “significant” enough if your goal is strong intraday moves.
- Over +15% can enter “blow-off” or parabolic territory, where risk of a sharp reversal becomes very high and spreads may widen; this filter aims to stay in the strong but somewhat more tradable zone.
Region: United States
- Purpose: Limit to U.S.-listed companies.
- Rationale:
- U.S. markets (especially NYSE and Nasdaq) are highly liquid, tightly regulated, and widely followed — ideal for active trading.
- This avoids complications of foreign exchanges, time zones, and differing rules, making it simpler to trade actively and manage risk.
Exchange: XNYS, XNAS, XASE (NYSE, Nasdaq, NYSE American)
- Purpose: Restrict results to the major U.S. exchanges.
- Rationale:
- These exchanges tend to have better liquidity, transparency, and tighter spreads than OTC or pink sheet markets.
- Active traders generally prefer NYSE/Nasdaq/AMEX names for dependable order execution, which matters a lot when trying to capture fast moves.
Why These Results Match Your Goal
- You’re looking for stocks that can produce “significant profits”, which typically requires:
- Strong intraday moves → handled by high beta and +4–15% price change filters.
- Active interest and catalysts → addressed by relative volume ≥ 3.
- Tradability and risk control → supported by price range $10–$150 and limiting to major U.S. exchanges.
Together, these filters narrow the universe to volatile, highly traded U.S. stocks with strong current price action, which is the kind of environment where active traders most often look for outsized short-term profits—while also accepting higher risk.
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.