What is a strong day trade buy today

First, an important clarification

No screen can guarantee a “strong day trade buy” for any specific stock (including GTES) on today’s session. What these filters do is look for technical conditions that historically align with higher‑probability short‑term bullish setups: strong volume, bullish momentum, and price above key moving averages, without being too overextended.

Your colleague’s filters are therefore designed to find stocks showing a similar kind of intraday/short‑term strength that a day trader might be looking for in GTES.

Screening Filters

1. Relative Volume ≥ 1.5 (relative_vol: {'min': '1.5'})

   • Purpose: Find stocks trading with significantly higher volume than their usual average.
   • Rationale:
     • Day trades require liquidity (tight spreads, ability to enter/exit quickly).
     • Relative volume ≥ 1.5 means the stock is currently trading at least 50% more volume than normal, a sign of institutional attention, news, or momentum.
     • For “strong day trade buys,” you want names actively in play today, not quiet, thinly traded tickers.

2. Moderate RSI (rsi_category: ['moderate'])

   • Purpose: Ensure the stock’s momentum is positive but not overheated.
   • Rationale:
     • Extremely high RSI often signals overbought/late-entry risk; extremely low RSI can mean downtrends or dead bounces.
     • “Moderate” RSI selects stocks where the price still has room to continue upward intraday, rather than those likely near exhaustion.
     • For a GTES‑type day trade, you usually want strength, but not something already parabolic.

3. Bullish MACD (macd: ['positive', 'bullish'])

   • Purpose: Capture bullish momentum and trend confirmation.
   • Rationale:
     • MACD > 0 and in a bullish configuration typically means the short‑term moving average is above the longer‑term, confirming an upward bias.
     • This aligns with intraday strategies that favor trading in the direction of the trend (buying strength rather than fighting it).
     • For a “strong buy today” type setup, you want momentum indicators agreeing with price.

4. Price Above 5‑Day Moving Average (moving_average_relationship: ['PriceAboveMA5'])

   • Purpose: Ensure very short‑term trend is up.
   • Rationale:
     • The 5‑day MA is a quick gauge of immediate price trend.
     • Price above MA5 indicates recent buyers are in control, which is desirable for intraday long setups.
     • For GTES‑style trades, you don’t want to buy dips in clear short‑term downtrends; you want pullbacks within or breakouts in an uptrend.

5. Daily Price Change Between +1% and +3% (price_change_pct: {'min': '1.0', 'max': '3.0'})

   • Purpose: Focus on stocks that are already moving up today, but not yet extended.
   • Rationale:
     • A move of +1–3% shows confirmed intraday strength and interest, but avoids names already up 8–15% where reversal risk is high.
     • This sizing of the move is often a sweet spot where continuation is still possible without chasing huge spikes.
     • For intraday buys, this reflects “strong but not blown out”—a practical interpretation of “strong day trade buy.”

6. Region: US (region: ['US'])

   • Purpose: Limit results to U.S. markets, which are generally liquid and heavily traded.
   • Rationale:
     • GTES trades on the NYSE (a U.S. exchange), so this aligns with the type of listing you’re asking about.
     • U.S. markets offer tighter spreads, better volume, and more consistent intraday behavior, important for day trading.

7. Exchanges: XNYS, XNAS, XASE (list_exchange: ['XNYS', 'XNAS', 'XASE'])

   • Purpose: Restrict to major U.S. exchanges: NYSE, Nasdaq, and NYSE American.
   • Rationale:
     • These exchanges host more liquid, better‑regulated, and more closely followed stocks.
     • That reduces slippage and odd price behavior that can plague thin OTC names.
     • Since GTES is on XNYS, this matches the quality and liquidity profile of the stock you’re asking about.

8. Price > 20‑Day EMA (comparison_between_indicators: price > ema_20)

   • Purpose: Confirm that price is above a slightly longer short‑term trend line, not just a one‑day pop.
   • Rationale:
     • The 20‑day EMA reflects the intermediate short‑term trend.
     • Price above EMA20 means the stock is trading above a key dynamic support level, signaling a healthier and more sustained uptrend, not just a random spike.
     • For a “strong” intraday buy candidate, traders often want both very short‑term (5‑day) and short‑term (20‑day) trends aligned upward.

Why These Results Match What You Asked

• You’re asking for a strong day trade buy setup for GTES today. While we can’t guarantee any specific ticker will be optimal, the filters:
  • Emphasize current strength and participation (relative volume, +1–3% price change).
  • Require bullish trend and momentum (price > MA5, price > EMA20, positive/bullish MACD).
  • Avoid overheated, late‑stage moves (moderate RSI, controlled price change range).
  • Keep you in liquid, mainstream U.S. stocks where day trading is practical (US region, major exchanges).

In combination, these filters are built to surface the kind of technically strong, liquid, short‑term uptrend setups that a trader looking for a “strong day trade buy like GTES” would typically focus on.