What should i day trade today

Screening Filters

1. Relative Volume (relative_vol: {'min': '1.5'}):

   • Purpose: To identify stocks with significantly higher trading activity compared to their average volume.
   • Rationale: Day traders often look for stocks with increased trading volume because it indicates heightened interest and liquidity, which can lead to more significant price movements and better opportunities for short-term trades.

2. Weekly Average Turnover (weekly_average_turnover: {'min': '1000000'}):

   • Purpose: To filter for stocks with a minimum level of dollar trading volume over the past week.
   • Rationale: High turnover ensures that the stock is actively traded and has sufficient liquidity, reducing the risk of slippage and making it easier to enter and exit positions quickly—an essential factor for day trading.

3. Beta (beta: ['HighRisk']):

   • Purpose: To focus on stocks with high beta values, which are more volatile compared to the overall market.
   • Rationale: Day traders often seek volatile stocks because they tend to have larger intraday price swings, providing more opportunities to profit from short-term price movements.

4. Price Change Percentage (price_change_pct: {'min': '2'}):

   • Purpose: To select stocks that have already moved at least 2% in price.
   • Rationale: Stocks with significant price changes are more likely to continue trending or experience further volatility, making them attractive for day trading strategies that rely on momentum or breakout patterns.

Why Results Match:

• The selected filters are tailored to identify stocks that exhibit the characteristics most relevant to day trading: high liquidity, significant price movement, and volatility. These factors are critical for day traders who rely on quick trades and need stocks that can generate meaningful returns within a single trading session.
• By combining these filters, the screener ensures that the results will include stocks that are actively traded, have sufficient volume to support rapid trades, and are experiencing notable price action, all of which align with the user's goal of finding suitable candidates for day trading today.