Yes small or mid cap 1 day trade tell me

Screening Filters

1. Market Capitalization: min 400,000,000 – max 12,000,000,000

   • Purpose: Target small-cap to the lower end of mid-cap stocks.
   • Rationale:
     • Small-caps are often considered roughly $300M–$2B; mid-caps roughly $2B–$10B (ranges vary by source).
     • The chosen band of 400M–12B focuses on companies that:
       • Are large enough to be more established and less illiquid than micro-caps.
       • Still tend to be more volatile than large caps—helpful for day traders looking for intraday price movement.
     • This directly implements your request for small or mid-cap stocks.

2. Price per Share: min 5 – max 70 (USD)

   • Purpose: Focus on reasonably priced, tradable stocks for active day trading.
   • Rationale:
     • Minimum $5 excludes very low-priced / penny stocks, which often have:
       • Poor liquidity
       • Wild, erratic moves
       • Higher manipulation risk
     • Maximum $70 keeps the list to stocks where:
       • You can trade more shares with limited capital.
       • Small percentage moves translate into manageable dollar amounts per share (useful for intraday trading strategies).

3. Monthly Average Dollar Volume: min 800,000

   • Purpose: Ensure sufficient liquidity for entering and exiting trades intraday.
   • Rationale:
     • Dollar volume = price × share volume, averaged over a month.
     • A minimum of $800K per day (on average) helps:
       • Reduce slippage (difference between expected and actual execution price).
       • Make it easier to get fills without moving the market too much.
       • Avoid thinly traded names that can be hard to day trade efficiently.
     • For day trading, liquidity is one of the most critical filters; this one directly serves that need.

4. Price Change Percent: min 1.5 (recent % change)

   • Purpose: Select stocks showing recent movement/volatility, which is essential for day trading.
   • Rationale:
     • A minimum 1.5% price move (over the chosen lookback period, typically 1 day or recent session) filters for:
       • Stocks that are actually moving enough intraday to present trading opportunities.
       • Names with current interest or catalysts, which often sustain better intraday ranges.
     • Very low-volatility stocks are usually poor for day trading, as there’s little price fluctuation to profit from.

5. Region: United States

   • Purpose: Restrict the universe to US-listed companies, matching your request.
   • Rationale:
     • Ensures all results are from the US market, where:
       • Market structure and trading hours are uniform.
       • You can use common US day-trading strategies, tools, and data.
     • This directly aligns with “US market” in your question.

6. Listed Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to major US exchanges.
   • Rationale:
     • XNYS (NYSE), XNAS (NASDAQ), and XASE (NYSE American) are the primary US equity exchanges.
     • Stocks on these exchanges typically have:
       • Better reporting and regulatory standards.
       • More reliable liquidity and tighter spreads.
     • This avoids OTC and pink-sheet stocks, which are usually unsuitable for most new day traders.

Why Results Match Your Request

• The market cap range (400M–12B) is tailored to capture predominantly small and mid-cap stocks, as you specified.
• The price range (5–70) and minimum dollar volume ensure the stocks are practically tradable intraday—you can enter/exit without extreme slippage and with reasonable capital.
• The minimum 1.5% price change focuses the list on names that actually move, which is key for day trading.
• The US region and major US exchange filters ensure you’re only seeing US-listed small/mid caps that are realistically suitable for active, intraday strategies.