What stocks should I day trade today

Screening Filters

1. relative_vol >= 1.2

• Purpose: Finds stocks trading with above-normal activity compared with their recent baseline.
• Rationale: Day-trading setups usually need fresh momentum and increased participation. Relative volume above 1.2 helps surface names where price movement is more likely to be meaningful intraday.

2. volume >= 1

• Purpose: Ensures the stock has at least some trading activity.
• Rationale: For day trading, you want stocks that are actively trading so you can enter and exit efficiently. Even though this threshold is very permissive, it works as a basic liquidity floor in the screening logic.

3. weekly_average_dollar_volume >= 1

• Purpose: Screens for stocks with real dollar turnover over the past week.
• Rationale: Dollar volume is a better liquidity measure than share volume alone because it accounts for price. This helps identify stocks that can support fast intraday trading without excessive slippage.

4. monthly_average_dollar_volume >= 1

• Purpose: Confirms the stock has sustained trading interest over the past month.
• Rationale: A stock that only spikes once may not be a reliable day-trade candidate. Monthly dollar volume helps filter for names that are consistently tradable, not just briefly active.

5. rsi_category = moderate

• Purpose: Targets stocks that are neither extremely overbought nor deeply oversold.
• Rationale: Moderate RSI is useful for day trading because it often means the stock still has room to move in either direction, rather than being stretched and vulnerable to immediate reversal.

6. moving_average_relationship = PriceAboveMA5, PriceAboveMA20, PriceCrossAboveMA5, PriceCrossAboveMA20

• Purpose: Selects stocks with short-term bullish price structure or a fresh bullish breakout.
• Rationale: Day traders typically prefer names showing positive intraday or short-term trend confirmation. Price above key moving averages, or crossing above them, helps isolate stocks with upward momentum and potential continuation.

7. region = US

• Purpose: Limits results to U.S.-listed stocks.
• Rationale: U.S. stocks generally have deeper liquidity, more predictable market hours for day trading, and better access to reliable real-time data and options markets.

8. is_optionable = True

• Purpose: Keeps stocks that have listed options.
• Rationale: Even if you are trading the stock itself, optionable names often attract more professional attention and liquidity. They can also be useful for hedging or reading sentiment.

9. option_unusual_activity = True

• Purpose: Filters for stocks with unusual options activity.
• Rationale: Unusual options flow can be an important intraday catalyst signal. It often indicates informed speculation, event anticipation, or momentum building, all of which are useful for day trading.

Why Results Match:

• The filters are built to find liquid, actively traded U.S. stocks that can be entered and exited quickly during the trading day.
• They also favor stocks with short-term bullish momentum and fresh market attention, which are the most useful traits for day trading.
• Adding unusual options activity helps identify names where sentiment and catalysts may be building before the move fully develops.
• The combination of relative volume + moving average strength + moderate RSI is especially well-suited to finding stocks with momentum without being too extended.