Where do i go for sotck radar

Screening Filters

1. Price: $2 – $30

   • Purpose: Focus on reasonably priced, tradable stocks suitable for small accounts and active day trades.
   • Rationale:
     • Below $2 you get into ultra-low-priced/penny territory, which can be very illiquid, easily manipulated, and harder to trade reliably.
     • Above $30, each share ties up more of your limited capital, meaning you can buy fewer shares and have less flexibility in sizing and scaling in/out.
     • The $2–$30 band is a sweet spot for many day traders: enough volatility and volume, but still affordable with a small account like yours (<$1,000).

2. Relative Volume ≥ 1.5

   • Purpose: Find stocks trading with unusually high activity compared to their normal volume—i.e., “on the radar” today.
   • Rationale:
     • Relative volume compares current volume to average volume. A value of 1.5 means the stock is trading at least 50% more volume than usual.
     • This typically signals a fresh catalyst (news, earnings, upgrade/downgrade, sector move), which is exactly what day traders want: stocks in play, not dead tickers.
     • For something like “Stock Radar,” this is a core filter to surface what’s actually moving today, not just in theory.

3. Beta: HighRisk (High Beta)

   • Purpose: Target higher-volatility names that move more than the overall market—essential for intraday opportunities.
   • Rationale:
     • High beta means the stock tends to move more than the market index (e.g., if the market moves 1%, a high-beta stock might move 2%+).
     • Day trading relies on price movement; low-volatility stocks might barely move intraday, making them poor candidates for quick trades.
     • “HighRisk” beta aligns with your interest in active day trades: more price swings = more potential trading setups (but also higher risk, so risk management is critical).

4. Price Change % (Today) ≥ 2%

   • Purpose: Ensure you only see stocks already making a meaningful move today.
   • Rationale:
     • A minimum 2% intraday move filters out flat or sleepy stocks.
     • This highlights momentum—names where buyers or sellers are already in control—giving clearer intraday trends, breakouts, or pullbacks to trade.
     • This is exactly the type of “signal” a tool like Stock Radar would prioritize for testing strategies right at the open or soon after.

Why Results Match What You’re Trying to Do

• You’re preparing to day trade at the open with a small account and want fewer, higher-quality tickers to focus on.
• These filters collectively:
  • Keep you in affordable stocks ($2–$30) where you can buy enough shares to make moves meaningful.
  • Ensure unusual activity (relative volume ≥ 1.5), so your list is full of stocks in play today.
  • Emphasize volatility (high beta and ≥2% price move), which is necessary for intraday profit potential.
  • Reduce noise and overwhelm by narrowing down the entire market to a smaller watchlist of the most active, volatile, and tradeable names—exactly the kind of “radar” a day trader needs at the open.