What stock to buy today for day trade

Screening Filters & Rationale

1. Relative Volume (min: 1.8):

   • Purpose: Identify stocks with significantly higher trading activity compared to their average.
   • Rationale: High relative volume indicates strong interest and potential price movement, which is crucial for day trading opportunities.

2. Beta (HighRisk):

   • Purpose: Focus on high-beta stocks that are more volatile than the market.
   • Rationale: High volatility increases the likelihood of intraday price swings, providing more opportunities for profit in day trading.

3. Weekly Average Turnover (min: 1,000,000):

   • Purpose: Ensure sufficient liquidity for quick entry and exit during trades.
   • Rationale: High turnover reduces the risk of slippage and ensures smoother trade execution.

4. RSI 14 (min: 35, max: 65):

   • Purpose: Target stocks that are neither overbought nor oversold.
   • Rationale: Stocks within this RSI range are more likely to experience balanced price movements, ideal for day trading setups.

5. Weekly Price Change Percentage (min: 2%):

   • Purpose: Select stocks with notable recent price momentum.
   • Rationale: A minimum 2% weekly price change indicates active movement, increasing the likelihood of intraday volatility.