15 .00 to 20.00 for day trade

Screening Filters

1. Price: 15–20 USD

   • Purpose: Restrict results to instruments trading in your requested price range.
   • Rationale:
     • Directly matches your requirement: “within the price range of $15.00 to $20.00.”
     • Keeps the list focused on mid‑priced names that are typically margin‑friendly and accessible to most day traders.

2. Relative Volume (relative_vol ≥ 1.5)

   • Purpose: Find tickers trading at at least 1.5× their usual volume.
   • Rationale:
     • Day traders need unusual activity—heightened volume often coincides with tighter spreads, better fills, and clearer intraday trends.
     • A relative volume of ≥1.5 signals that today’s trading interest is elevated compared with the stock’s normal behavior, which is exactly the kind of environment day traders look for.

3. Weekly Average Dollar Volume (≥ $1,000,000)

   • Purpose: Ensure sufficient liquidity in dollar terms (price × volume).
   • Rationale:
     • High dollar volume means you can enter and exit positions more easily without moving the price too much.
     • A $1M+ threshold is a reasonable baseline to filter out thinly traded stocks that often have wide bid–ask spreads and slippage, which are problematic for day trading.

4. Daily Price Change % (between -5% and +5%)

   • Purpose: Avoid extremely volatile or news-driven outliers while still allowing normal intraday movement.
   • Rationale:
     • Very large moves (e.g., ±15–30%) can be associated with halts, huge gaps, and erratic spreads—riskier and harder to manage intraday for many traders.
     • By keeping to a ±5% band, the filter aims to surface actively traded names that are moving, but not so aggressively that they’re untradeable for typical day-trading risk profiles.
     • If you prefer more explosive movers, you could relax this filter, but the current setting is a conservative starting point.

Why Results Match Your Request

• The price filter (15–20) explicitly satisfies your stated price range.
• The relative volume and dollar volume filters target liquid, actively traded instruments, which is a core requirement for practical day trading (tight spreads, easier entries/exits).
• The price change % filter keeps the universe focused on stocks with manageable volatility, reducing the chance of pulling in illiquid or highly erratic names that can be difficult to day trade safely.

We don’t see any indicators in your question that we’re unable to support; the filters used are appropriate and aligned with your overall goal of finding stocks suitable for day trading in the $15–$20 range.