What's today's best stock picks?

Screening Filters

1. Relative Volume (relative_vol: min 2):

   • Purpose: To identify stocks with significantly higher trading activity compared to their average volume.
   • Rationale: A relative volume of 2 or higher indicates that the stock is trading at least twice its average volume, which often signals heightened investor interest or news-driven activity. This helps in identifying stocks that are currently "in play" and may present opportunities.

2. Price Change Percentage (price_change_pct: min 0):

   • Purpose: To filter for stocks that have shown positive price movement today.
   • Rationale: By setting a minimum price change percentage of 0, the screener excludes stocks with negative or flat performance, focusing only on those that are gaining value. This aligns with the user's request for "best stock picks," as rising stocks are generally more attractive.

3. Market Capitalization (market_cap: min 20,000,000,000):

   • Purpose: To focus on large-cap stocks with a market capitalization of at least $20 billion.
   • Rationale: Large-cap stocks are typically more stable, liquid, and widely followed by analysts. These characteristics make them more reliable for identifying strong performers, especially for users seeking "best picks" with lower risk compared to smaller, more volatile companies.

4. RSI Category (rsi_category: moderate):

   • Purpose: To select stocks that are neither overbought nor oversold, based on the Relative Strength Index (RSI).
   • Rationale: Stocks in the "moderate" RSI category are in a balanced momentum state, avoiding extremes that could indicate a potential reversal. This ensures the screener identifies stocks with sustainable upward trends rather than those at risk of a pullback.

5. Beta (beta: ModerateRisk):

   • Purpose: To filter for stocks with moderate beta values, indicating average market risk.
   • Rationale: Moderate-risk stocks tend to move in line with the broader market, offering a balance between volatility and stability. This is suitable for users seeking "best picks" without exposing themselves to excessive risk.

Why Results Match:

• The filters collectively aim to identify stocks that are currently experiencing strong positive momentum (relative volume and price change percentage), are fundamentally stable and liquid (market capitalization), and exhibit balanced risk and momentum characteristics (RSI and beta).
• These criteria align with the user's request for "today's best stock picks" by focusing on stocks that are actively traded, gaining value, and have a favorable risk-reward profile.