The best penny stocks to buy for the short term should based on the following characteristics:
- Low Closing Price
- Positive Short-term Momentum
- Closing Price > 5-Day Moving Average
- 5-Day Moving Average > 10-Day Moving Average
- 10-Day Moving Average > 20-Day Moving Average
- Strong Volume Activity
- Upward Price Movement
- 1-Week Percentage Change > 10%
- 1-Month Percentage Change > 20%
However, no stocks currently meet all of these criteria. To find the best penny stocks for the short term, we should focus on stocks with the following characteristics:
- Recent Upward Momentum
- Closing Price > 5-Day Moving Average
- 5-Day Moving Average > 10-Day Moving Average
- Strong Volume Activity
- Positive Short-term Performance
- 1-Week Percentage Change > 10%
- 1-Month Percentage Change > 20%
After sorting by quantitative recommendation score, the top 10 stocks that meet these criteria are the best penny stocks for short-term trading1. Explore these options further to find potential investment opportunities.