Screening Filters
Price: $2–$10
- Purpose: Find stocks affordable with a ~$46 account.
- Rationale: At $2–$10 you can buy several shares (instead of a fraction of one), which makes small price moves more meaningful, while avoiding ultra‑illiquid sub‑$1 “penny” stocks.
Beta: HighRisk
- Purpose: Target volatile names.
- Rationale: High‑beta stocks move more than the market, which is essential for day trading where profit comes from intraday price swings (but also means higher risk).
Monthly Average Dollar Volume ≥ $2,000,000
- Purpose: Ensure liquidity.
- Rationale: High dollar volume typically means tighter bid‑ask spreads and enough trading activity so you can enter and exit quickly without big slippage.
Relative Volume ≥ 1.5
- Purpose: Focus on “in‑play” stocks today.
- Rationale: Trading at 1.5× (or more) their usual volume suggests unusual interest—often news or momentum—creating better intraday opportunities.
Price Change %: +3% to +15% (today)
- Purpose: Capture stocks already moving, but not yet parabolic.
- Rationale: A 3–15% move signals strong interest and volatility, but filters out names that are completely blown out (which can be dangerously extended).
Region: United States
- Purpose: Limit to a major, accessible market.
- Rationale: US stocks generally have good liquidity, tighter spreads, and better data availability for intraday traders.
Exchange: NYSE, NASDAQ, AMEX (XNYS, XNAS, XASE)
- Purpose: Avoid OTC and poorly regulated markets.
- Rationale: Major exchanges enforce listing standards and usually offer better liquidity and more reliable price discovery, which matters for fast trades.
Why Results Match
- You only have ~$46, so the price filter ensures you can buy a meaningful number of shares.
- The volatility (high beta + 3–15% move + high relative volume) focuses on stocks that can move enough intraday to make day trading worthwhile.
- Liquidity (dollar volume + major US exchanges) helps you get in and out near your intended price.
Note: No filter can guarantee profit; these settings just tilt the search toward liquid, volatile, lower‑priced US stocks that are more suitable for active day trading with a small account.
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.