Screening Filters
Market Cap ≥ $1,000,000,000
- Purpose: Focus on larger, more established companies.
- Rationale:
- “Surging” moves in larger-cap stocks are more meaningful and less likely to be random noise or manipulation.
- It filters out tiny microcaps and penny stocks where big percentage jumps can be common but driven by illiquidity or hype rather than real underlying momentum.
Price ≥ $5
- Purpose: Exclude very low-priced and penny stocks.
- Rationale:
- Stocks under $5 often have extreme volatility and can “surge” on small dollar moves, which may not reflect broad, sustainable interest.
- Helps focus on more investable names where a price surge is typically tied to substantive news or sentiment shifts.
Relative Volume ≥ 2
- Purpose: Capture stocks trading at least double their usual share volume.
- Rationale:
- A surge isn’t just about price; it’s also about unusual trading activity.
- High relative volume indicates strong current interest (buying or selling) versus normal levels, which is exactly what you’d expect in a “surging” stock.
Monthly Average Dollar Volume ≥ $1,000,000
- Purpose: Ensure sufficient liquidity and real money flowing through the stock.
- Rationale:
- Dollar volume (price × shares traded) screens for stocks where enough capital is involved that today’s move is meaningful.
- Avoids illiquid names where a small trade can cause a big price spike that isn’t broadly actionable.
Today’s Price Change ≥ +8% (price_change_pct ≥ 8)
- Purpose: Directly identify stocks that are “surging” in price today.
- Rationale:
- An 8%+ move in a single day is a strong surge for most listed stocks, especially when combined with high volume.
- This is the core translation of “surging today” into a numerical filter.
Region: United States
- Purpose: Limit the universe to U.S.-listed stocks.
- Rationale:
- Keeps results focused on a single, well-regulated market with consistent trading hours and reporting standards.
- Likely aligns with where most users follow “what’s surging today” (e.g., U.S. financial media, major U.S. indices).
Exchange: XNYS (NYSE), XNAS (NASDAQ), XASE (AMEX)
- Purpose: Restrict to major U.S. exchanges.
- Rationale:
- Ensures you see primarily well-regulated, actively traded securities, not OTC or lightly regulated venues.
- Surges on primary exchanges are more visible, more liquid, and generally more relevant for most investors.
Why Results Match “Stocks That Are Surging Today”
- The price_change_pct ≥ 8% filter directly captures big, same-day price jumps that define a “surge.”
- Relative_vol ≥ 2 and dollar volume ≥ $1M ensure the move is happening on unusually strong, meaningful trading activity rather than thin, erratic trades.
- Market cap ≥ $1B and price ≥ $5 refine the list to more established, tradable names where a surge is more likely tied to real catalysts (earnings, news, upgrades).
- Focusing on U.S. major exchanges makes the output consistent with typical “what’s surging today” lists seen in mainstream market coverage.
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.