Best Stocks For Day Trading (US & Canadian Lists) - Updated Weekly - Trade That Swing (2024)

This Best Day Trading Stocks List is for the week of March 18, 2024.

These are the best stocks for day trading this week 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 details on day trading in general, stop losses, position sizing, when not to trade, and some entry and exit methods.

Here is a summary list of the best U.S. day trading stocks for the week of March 18, 2024, based on daily average movement and high volume. Stock charts and more details are provided below the table.

Best Day Trading StocksAvg. Daily VolumeAverage Daily Movement
(% or $)
SOUN94 million14.67%
CLSK44 million14.13%
MARA80 million11.96%
RIOT27 million9.17%
IOVA13 million8.49%
RUN15 million7.04%
META20 million$12.37
COIN16 million$14.25
TSLA102 million$7.52
AMD70 million$7.76
PYPL18 million$1.65
UBER21 million$2.31

Learn how to day trade these stocks, grabbing several percent in a few minutes.
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 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 to four 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).

SoundHound (SOUN): Average Day Range (30) is 14.67% and Average Volume (30) is 94 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.

Cleanspark (CLSK): Average Day Range (30) is 14.13% and Average Volume (30) is 44 million.

Marathon Digital (MARA): Average Day Range (30) is 11.96% and Average Volume (30) is 80 million.

MARA chart by TradingView

RIOT Platforms, Inc. (RIOT): Average Day Range (30) is 9.17% and Average Volume (30) is 27 million.

RIOT chart by TradingView

Iovance Biotherapeutics (IOVA): Average Day Range (30) is 8.49% and Average Volume (30) is 13 million.

Sunrun Inc. (RUN): Average Day Range (30) is 7.04% and Average Volume (30) is 15 million.

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 $500 or below. They must also move at least 2% intraday (between daily high and low) on average. Pick one to four and trade them all week.

These are 5-minute charts provided by TradingView.

Meta Platforms (META):Intraday Range (30) is $12.37 and Average Volume (30) is 20 million.

META chart by TradingView

Coinbase Global (COIN):Intraday Range (30) is $14.25 and Average Volume (30) is 16 million.

Tesla Inc. (TSLA): Intraday Range (30) is $7.52 and Average Volume (30) is 102 million.

TSLA chart by TradingView

Advanced Micro Devices (AMD):Intraday Range (30) is $7.76 and Average Volume (30) is 70 million.

AMD chart by TradingView

PayPal Holdings (PYPL):Intraday Range (30) is $1.65 and Average Volume (30) is 18 million.

Uber Technologies (UBER):Intraday Range (30) is $2.31 and Average Volume (30) is 21 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 aFinviz Elitesubscription. 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.

If ETFs are more your thing, check out the Best ETFs for Day 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% per day.

Best Canadian Day Trading Stocks for the Week of March 18, 2024, based on daily average movement and volume.

StockAverage Daily Volume (30)Average Day Range (30)
Hut 8 (HUT.TO)1.4M9.53%
First Quantum Minerals (FM.TO)3.6M4.91%
Shopify Inc. (SHOP.TO)3M3.68%
Cenovus Energy (CVE.TO)4.9M2.28%
Crescent Point Energy (CPG.TO)3.4M2.24%
Lundin Mining (LUN.TO)2M2.98%

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.

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Best Stocks For Day Trading (US & Canadian Lists) - Updated Weekly - Trade That Swing (2024)

FAQs

Best Stocks For Day Trading (US & Canadian Lists) - Updated Weekly - Trade That Swing? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

What are the best stocks to swing trade right now? ›

Quick Look at the Best Swing Trade Stocks:
  • Caterpillar Inc.
  • Kellogg.
  • Cabaletta Bio Inc.
  • Apple.
  • Salesforce, Inc.
  • Ingersoll Rand.
  • Artista Networks, Inc.
  • Starbucks.

Which stock is best for swing? ›

Best Stocks for Swing Trading
SNoTop Swing Trading Stocks in IndiaIndustry
1.Avenue Supermarts Ltd (DMart)Retail
2.Indian Railway Catering & Tourism Corporation LtdRailways
3.Tata Motors LtdAutomobile
4.Hindustan Unilever LtdFMCG
1 more row
Apr 17, 2024

How much money do day traders with $10,000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

What is the best company for day trading? ›

Best brokers for day trading
  • Interactive Brokers.
  • E*TRADE.
  • Fidelity.
  • Webull.
  • Robinhood.
  • TradeStation.

Which stocks to buy tomorrow for swing trading? ›

Swing Trading Buy tomorrow
Sr.Stock NameSymbol
1Westlife Development LtdWESTLIFE
2Mm Forgings LimitedMMFL
3Motilal Oswal Financial Services LimitedMOTILALOFS
4Kaveri Seed Company LimitedKSCL
16 more rows

How to find trending stocks for swing trading? ›

Repetitive trading pattern: Swing traders look for stocks that show a repetitive pattern in the market. They consider a repetitive trend more reliable. Experience traders will wait for the stock to break the trading range to plan entry, and while on it, they may make several small profit trading towards the trend.

What is the most successful swing trading strategy? ›

As far as patterns are concerned, the ascending and descending triangles are considered to be the best. The top swing trading strategies are Fibonacci Retracement, Trend Trading, Reversal Trading, Breakout Strategy and Simple Moving Averages.

Which penny stock is best for swing trading? ›

PENNY STOCKS FOR SWING TRADING
S.No.NameCMP Rs.
1.Swadeshi Polytex282.55
2.Network People1470.00
3.Waaree Renewab.2893.10
4.Lloyds Metals727.70
11 more rows

How many stocks should a swing trader have? ›

For SwingTrader performance, we use a model portfolio. To keep things simple, eight full positions of equal weight put us at 100% invested. It's a number suggested by IBD Founder William J. O'Neil in his book "How To Make Money In Stocks." That means a full position starts out at 12.5%.

Can you make $200 a day day trading? ›

A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time. Small winners are better than home runs because it forces you to stay on your plan and use discipline. Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.

What type of trading is most profitable? ›

Conclusion. The most profitable form of trading varies based on individual preferences, risk tolerance, and market conditions. Day trading offers rapid profits but demands quick decision-making, while position trading requires patience for long-term gains.

Can I make 1000 per day from trading? ›

Earning Rs. 1000 per day in the share market requires knowledge, discipline, and a well-defined strategy. Whether you choose day trading, swing trading, fundamental analysis, or any other approach, remember that success takes time and effort. The share market can be highly rewarding but carries inherent risks.

What stocks do most day traders trade? ›

Best Stocks For Day Trading (US & Canadian Lists) – Updated Weekly
Best Day Trading StocksAvg. Daily VolumeAverage Daily Movement (% or $)
COIN12 million$17.64
AMD67 million$7.68
TSLA93 million$6.39
MU29 million$4.74
6 more rows
Apr 20, 2024

What is the easiest market to day trade? ›

Investors can make trades in various markets, including the stock market, foreign exchange market, and options market. Many markets are available to anyone with a simple internet connection. Day traders commonly choose the forex market for its low barriers to entry as well as exchange-traded funds.

What is the most profitable way to day trade? ›

To profit, day traders rely heavily on market volatility. A day trader may find a stock attractive if it moves a lot during the day. That could happen for a number of different reasons, including an earnings report, investor sentiment, or even general economic or company news.

What are the top 3 most active stocks today? ›

Most actively traded US stocks
SymbolVol * PricePrice
MSFT D12.066 B USD406.32 USD
GOOG D9.814 B USD173.69 USD
AMZN D7.889 B USD179.62 USD
AAPL D7.591 B USD169.30 USD
29 more rows

What is the most profitable swing trading strategy? ›

As far as patterns are concerned, the ascending and descending triangles are considered to be the best. The top swing trading strategies are Fibonacci Retracement, Trend Trading, Reversal Trading, Breakout Strategy and Simple Moving Averages.

What are the hottest stocks today? ›

Day Gainers
SymbolNamePrice (Intraday)
IBRXImmunityBio, Inc.7.35
SNAPSnap Inc.14.55
EXPOExponent, Inc.95.21
RMDResMed Inc.218.06
19 more rows

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