This Best Day Trading Stock List is for the week of September 18, 2023.
These are the best stocks for day trading today based on three different scanning methods. This page is updated weekly, prior to the Monday open. The stocks discussed provide ample trading opportunities throughout the week.
- US stocks that move a lot every day, in percentage terms (5%+).
- US stocks that move a lot every day, in dollar terms ($2+).
- US stocks moving big today (I’ll show you how to find them)
- A Canadian day trading stock list is at the bottom of the article.
For ideas on how to trade the stocks listed on this page, see How to Day Trade Stocks with a Trend Strategy. The article provides more details on day trading in general, stop losses, position sizing, when not to trade, and a number of entry and exit methods.
Here is a summary list of the best U.S. day trading stocks for the week of September 17, 2023, based on daily average movement and high volume. See full statistics below
Best Day Trading Stocks – Consistent High Percentage Movers
The following list is a sample of the day trading stocks that tend to move more than 5% per day (long-term average movement). This means you don’t need to look around every morning for something new to trade. You know that these stocks are likely to move big each day.
These stocks also have high daily average volume.
Pick one or two of these stocks and trade them all week.
The high-percentage movers tend to be lower-priced stocks. The list below includes stocks between $6 and $135 (with the occasional exception).
AMC Entertainment (AMC): Average Day Range (30) is 12.81% and Average Volume (30) is 51 million.
Average Day Range % only averages the difference between daily highs and lows, no gaps. This statistic is key for day traders since it’s only the intraday movement most day traders are interested in. This statistic reveals the typical distance between a high point in the day and a low point.
IONQ Inc. (IONQ): Average Day Range (30) is 9.81% and Average Volume (30) is 12 million.
Novavax, Inc. (NVAX): Average Day Range (30) is 9.57% and Average Volume (30) is 14 million.
Carvana Co. (CVNA): Average Day Range (30) is 8.6% and Average Volume (30) is 10 million.
Marathon Digital (MARA): Average Day Range (30) is 8.18% and Average Volume (30) is 28 million.
RIOT Platforms, Inc. (RIOT): Average Day Range (30) is 7.21% and Average Volume (30) is 17 million.
C3.AI, Inc. (AI): Average Day Range (30) is 6.46% and Average Volume (30) is 11 million.
Affirm Holdings (AFRM): Average Day Range (30) is 5.98% and Average Volume (30) is 15 million.
AFRM chart by TradingView
Learn how to trade these stocks, grabbing several percent in a few minutes.
They move that much, so why not take advantage!?
30 minutes per day is all you need (trade longer if you wish).
The Price Action Stock Day Trading Course shows you how to do it.
Best Stocks for Day Trading – Consistent Big Dollar Movers
The following list is a sample of the day trading stocks that tend to move more than $2 per day, but that are priced near $400 or below. Pick one or two and trade them all week.
These are 5-minute charts provided by TradingView.
NVIDIA Corporation (NVDA): Intraday Range (30) is $17.62 and Average Volume (30) is 56 million.
NVDA chart by TradingView
Tesla Inc. (TSLA): Intraday Range (30) is $9.75 and Average Volume (30) is 116 million.
TSLA chart by TradingView
Meta Platforms (META): Intraday Range (30) is $8.48 and Average Volume (30) is 18 million.
META chart by TradingView
Advanced Micro Devices (AMD): Intraday Range (30) is $4.22 and Average Volume (30) is 57 million.
AMD chart by TradingView
Amazon.com Inc (AMZN): Intraday Range (30) is $3.04 and Average Volume (30) is 52 million.
AMZN chart by TradingView
Alphabet Inc. (GOOGL): Intraday Range (30) is $2.58 and Average Volume (30) is 24 million.
Learn how to trade these stocks, grabbing several percent in a few minutes. Trade for 15-30 minutes per day (trade longer if you wish). The Price Action Stock Day Trading Course shows you how to do it.
Best Stocks for Day Trading – Finding Today’s Big Movers
If you want a daily updated list of stocks to day trade, that are making the biggest moves each day, I recommend getting a Finviz Elite subscription. Then, run a scan before the market opens and during the day. Here’s what it might look like.
Focus on the stocks that have the biggest Change from Open, either to the upside or downside.
Also, pay attention to the stocks that have the highest Relative Volume (Rel Volume), as these stocks are seeing a lot more activity than usual.
Monitor the list throughout the day for stocks that are making big changes in either of these columns. For example, if a stock is only showing a 2% change from the open, but then starts showing 3%, then a 4% change, that stock is on the move!
In the pre-market, you may want to set Current volume to 100K. Then, as the day progresses, you can continue to increase this so that you don’t end up with a list of stocks with little volume. Adjust any of the criteria to suit your needs. Under the Technical tab, you may also wish to set ATR to >0.50, for example, so only stocks that have decent dollar movement show up.
How to Scan For Day Trading Stocks That are Making Big Moves Today provides more details on this daily scanning approach.
ChartMill also provides a Pre-Market Mover scan which may be of interest.
The Best Performing Stocks page may also provide stocks of interest for short or longer-term trading.
Best Canadian Day Trading Stocks This Week
Canadian stocks tend to have lower volume than US stocks. Even the stocks below are pretty low volume for day trading. The US stocks discussed above all average 8M per day or more.
This scan only includes stocks with average volume over 1M and a price above $7 (or close to it) that move at least 2.2% per day.
Best Canadian Day Trading Stocks for the Week of September 18, 2023, based on daily average movement and volume.
|Stock||Average Daily Volume (30)||Average Day Range (30)|
|First Quantum Minerals (FM.TO)||1.6M||3.17%|
|Shopify Inc. (SHOP.TO)||3.3M||3.38%|
|Cenovus Energy (CVE.TO)||4.8M||1.96%|
|Crescent Point Energy (CPG.TO)||2.7M||2.08%|
|Lundin Mining (LUN.TO)||2M||2.68%|
|Kinross Gold (K.TO)||2.6M||2.63%|
If ETFs are more your thing, check out the Best ETFs for Day Trading.
Happy Day Trading!
Cory Mitchell, CMT
Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage. Affiliate links are used on the site.