What’s the stocks names you recommend

Screening Filters

1. Price: 5–80 USD

   • Purpose: Focus on tradable, reasonably priced stocks for day trading.
   • Rationale:
     • Below $5 you get into penny-stock territory, which often has poor liquidity, wide spreads, and higher manipulation risk—dangerous for most day traders.
     • Very high-priced stocks (e.g., $300–$1000) can tie up a lot of capital per share and make it harder to size positions flexibly.
     • The $5–$80 band tends to capture many actively traded names where you can scale in/out with manageable capital and spreads.

2. Monthly Average Dollar Volume: ≥ $1,000,000 per day

   • Purpose: Ensure strong liquidity so you can enter and exit quickly without moving the price too much.
   • Rationale:
     • Dollar volume (price × volume) is a better measure than share volume alone—it tells you how much money actually trades daily.
     • A minimum of $1M/day helps filter out thinly traded names where fills are slow and slippage (getting worse prices than expected) can be large—both are big problems for day traders.

3. Relative Volume: ≥ 2

   • Purpose: Highlight stocks with unusually high trading activity today.
   • Rationale:
     • Relative volume compares today’s volume to the stock’s average volume over a recent period (often 30 days).
     • A value ≥ 2 means the stock is trading at least twice its usual volume, signaling fresh interest, often due to news, earnings, or other catalysts.
     • These are the conditions where intraday moves tend to be stronger and more “tradeable” for day traders.

4. Moving Average Relationship: PriceAboveMA5

   • Purpose: Bias the list toward stocks in a short-term upward trend.
   • Rationale:
     • The 5-period moving average (on intraday or daily data, depending on the screener’s setting) is a very short-term trend indicator.
     • Requiring price to be above the 5-MA focuses on names where buyers are currently in control, which many day traders prefer when looking for long setups or momentum continuations.
     • This avoids stocks that are currently weak or chopping sideways without direction.

5. 5-Minute Price Change: ≥ +0.5% (min5_price_change_pct)

   • Purpose: Make sure the stock is actually moving right now, not just active in volume.
   • Rationale:
     • A gain of at least 0.5% over the last 5 minutes indicates real short-term momentum.
     • Day traders rely on these short bursts of volatility; without near-term price movement, even high-volume stocks can be poor trading vehicles.
     • This filter emphasizes stocks already showing intraday strength, which can offer better intraday setups.

Why Results Match Your “Best Day Trade Stocks Today” Request

• The price band screens out penny stocks and extremely high-priced shares, leaving a practical universe for active intraday trading.
• The dollar volume and relative volume filters ensure you’re seeing highly liquid names with unusually strong activity today, which is critical for fast entries/exits and reduced slippage.
• The PriceAboveMA5 condition gives you stocks in a short-term uptrend, aligning with momentum-based day trading strategies.
• The 5-minute price change ≥ 0.5% ensures that the list contains stocks currently moving, not just theoretically interesting but inactive names.

Together, these filters are specifically tuned to surface liquid, active, and short-term trending stocks, which is exactly the type of universe day traders typically look for when asking for “best day trade stocks today.”