What stock best to buy? max hold 24 hours

Screening Filters

1. Price between $5 and $100 ('price': {'min': '5', 'max': '100'})

   • Purpose: Focus on reasonably priced, actively traded stocks and avoid extremes (very low-priced “penny stocks” and very high-priced illiquid names).
   • Rationale:
     • For a 24-hour trade, you need enough price movement to make a trade worthwhile, but not the wild, often unpredictable behavior common in sub‑$5 penny stocks.
     • Extremely high-priced stocks (e.g., $500+) can be harder to scale in/out of for smaller accounts and may have wider spreads in percentage terms.
     • The $5–$100 band tends to capture many of the most liquid, actively traded names that are suitable for short-term trading.

2. High Trading Volume ('volume': {'min': '1000000'})

   • Purpose: Ensure you’re looking at liquid stocks where you can enter and exit quickly with minimal slippage.
   • Rationale:
     • A minimum of 1,000,000 shares traded per day typically indicates strong participation from many buyers and sellers.
     • For intraday or 24-hour trades, liquidity is critical—tight bid/ask spreads and sufficient depth make it easier to scalp or flip a position without moving the market against you.

3. Price Above 20-Day Moving Average ('moving_average_relationship': ['PriceAboveMA20'])

   • Purpose: Bias the search toward stocks in a short- to medium-term uptrend.
   • Rationale:
     • A price above the 20-day moving average suggests positive short-term momentum and underlying buying pressure.
     • For a max 24-hour hold, you generally want to be trading with the prevailing short-term trend, not fighting it.
     • This filter reduces the chance of picking a stock that is in a clear downtrend or persistently weak structure.

4. Moderate Positive Daily Price Move ('price_change_pct': {'min': '0.5', 'max': '5'})

   • Purpose: Target stocks already showing some strength today, but not so extended that they’re likely to be exhausted.
   • Rationale:
     • A minimum gain of 0.5% suggests the stock is already attracting buyers and has intraday momentum—useful for a 24-hour or shorter trade.
     • Capping the move at 5% helps avoid names that have already “run too far” intraday, which can be more prone to sharp reversals or profit-taking shortly after you enter.
     • This balance aims for actionable momentum without chasing extreme spikes.

5. Positive Short-Term Predicted Return ('one_day_predict_return': {'min': '2'})

   • Purpose: Use a model-based signal to favor stocks with an expected positive return over the next trading day.
   • Rationale:
     • A minimum predicted one-day return of 2% aligns directly with your 24-hour holding horizon.
     • While no model can guarantee profits, this filter tries to statistically tilt the list toward names where recent data and patterns suggest an edge over the next session.
     • It complements the simple momentum/trend filters with a more sophisticated forward-looking component.

Why These Results Match Your 24-Hour Trade Objective

• They focus on liquid, actively traded stocks (volume + price filters) so you can get in and out within hours without huge slippage.
• They emphasize short-term bullish conditions (price above 20‑day MA and modest positive price change), aligning with a quick, directional trade instead of a long-term investment.
• They incorporate a one-day forecast specifically tuned to your maximum 24‑hour holding period, trying to stack probabilities slightly in your favor for that timeframe.

This combination doesn’t guarantee the “best” stock or a profit, but it narrows the universe to names that are structurally and statistically more suitable for very short holding periods.