How to Find Momentum Leaders You Can Trade in Size

Key takeaways · 6

1. 01screen rs>90 dollarvol>20m | sort pwr isolates momentum leaders you can actually trade in size. Relative strength finds strength; dollar volume finds tradeability. On the 2026-07-08 close it returned 228 names.
2. 02dollarvol is the fifty-day average daily dollar volume. dollarvol>20m keeps only names trading at least twenty million dollars a day, so every row is a market you can work in size.
3. 03rs>90 alone returns strong names of every size, including thin microcaps you cannot get in or out of without becoming the volume yourself. The dollar-volume floor removes them.
4. 04The range on this close runs from around thirty million dollars a day (AGL at 33.4 million) up to MU at 48.6 billion. The trailing | sort pwr floats the strongest, with RXT, SNDK and MU all at Power 99.
5. 05Using the fifty-day average, not a single session, stops one volume spike from sneaking a thin name onto the list.
6. 06This is the deliberate opposite of a small-float screen. There is no price field in the terminal, so liquidity is set by dollar volume, and the reading is end-of-day, reporting conditions, not a trade.

Dollar volume is the plainest liquidity measure there is: shares traded times price, the actual money that changed hands in a name over a day. A stock printing two hundred thousand shares at fifty dollars did ten million dollars of volume; the same share count at five dollars did one million. Volume counted in shares alone is misleading, because a million shares of a five-dollar stock and a million shares of a five-hundred-dollar stock are worlds apart in tradeability. Dollars put them on the same scale.

dollarvol in the terminal is the fifty-day average of that figure, not a single session. The averaging is the point. A thin name can spike to twenty million dollars of turnover on one day of news and then go right back to sleep, and a one-day measure would let that spike sneak it onto a liquidity screen. The fifty-day average asks whether a name trades that money consistently, not once.

dollarvol>20m sets the floor at twenty million dollars a day. Every name that clears it trades enough that a swing-size position is a rounding error against daily turnover, which is the whole reason for the filter. Note there is no price field in the terminal, on purpose: liquidity is a function of dollars traded, not of whether a share costs six dollars or six hundred, so the screen sets tradeability with dollar volume and leaves share price out of it.

Relative strength finds the strong names of every size; the dollarvol>20m floor drops the thin ones you cannot trade in size and keeps the liquid leaders.

screen is the general filter over the whole universe. rs>90 keeps names ranking in the top band of relative strength, where 90 means the stock is outrunning roughly 90 percent of the market. Space-separated filters combine automatically, so rs>90 dollarvol>20m reads as top-RS AND liquid. The trailing | sort pwr orders what survives by Power, the absolute-strength reading, pushing the names with the most raw thrust toward the top.

On the session below the screen returned 228 names, a broad but entirely tradeable field. Sorted by Power, RXT leads at RS 99 with a Power of 99 on roughly 146 million dollars of daily volume, SNDK sits at RS 98 and Power 99 on about 21 billion, and MU (Micron) at RS 98 and Power 99 trades close to 49 billion dollars a day. Further down sit AGL at RS 99 on about 33 million, MXL at RS 99 on 447 million, WOLF at RS 96 on 443 million, BAND at RS 99 on 81 million, WDC at RS 95 on nearly 5 billion, PENG at RS 99 up about 25 percent on the day on 209 million, FCEL at RS 96 on 271 million, and SIMO at RS 98 on 307 million. Every row is both strong and liquid, in one line, without opening a single chart.

The floor is a dial. dollarvol>20m is a generous definition of liquid, wide enough to include mid-cap leaders that trade tens of millions a day. Raise it and you keep only the largest, deepest markets: screen rs>90 dollarvol>50m | sort pwr holds the names trading at least fifty million dollars a day, and pushing to dollarvol>100m narrows to the heaviest turnover in the market.

Raising the floor trades breadth for depth. A twenty-million net catches 228 strong names on this close; a fifty-million net catches fewer, but every one of them is a market you could move real size through without a second thought. Where you set the dial depends on how large you trade, and the terminal reports the count either way.

It is worth being explicit about what this screen is not, because tickerstance carries its mirror image. A small-float screen, screen rs>95 float<40m, goes hunting for exactly the thin names this one excludes, and it does so on purpose. A tiny float means a small amount of buying can move the price hard, which is where the sharpest short-term moves come from, and a trader working small size may want that volatility.

The liquid-leaders cut sets the opposite priority. It accepts calmer moves in exchange for the ability to get in and out cleanly at size. Neither is more correct; they answer different questions. A thin-float scan asks where the sharpest moves are; dollarvol>20m asks where you can actually trade. Knowing which one you are running, and why, is the point.

The screen is end-of-day: every RS, every Power number, every dollar-volume figure is stamped with the close it was computed from. A list you pull after the session describes the day that closed, not the one that opens next.

Liquidity is a floor, not a thesis. dollarvol>20m guarantees a name trades enough to work in size; it says nothing about whether the name is worth working. The RS and Power columns speak to strength, and even those are one reading. A name can top the strength band for a day on a single burst of volume and fade the next week, which is a thing you watch over sessions rather than settle with one screen.

And the terminal reports conditions; it does not tell you what to do about them. "These 228 strong names each trade at least twenty million dollars a day" is a fact about the tape. Whether any of them fits your timeframe, your risk, or your plan is a judgment the terminal leaves entirely to you. It shows you where the liquid strength is; the trade is yours.

The screen command, the dollarvol filter, and the RS and Power columns are all in the tickerstance terminal, where a typed line is how you put a plain question to the tape. The interactive terminal is a Pro feature at $28 a month, grandfathered, and everything it computes is end-of-day and point-in-time honest, with no "here is what to buy" attached.

Open the terminal and type screen rs>90 dollarvol>20m | sort pwr for tonight's liquid leaders, then raise the floor to dollarvol>50m to keep only the deepest markets. The names that stay both strong and liquid week after week are the ones you can build a position in without becoming the volume yourself.

Frequently asked questions

Keep reading

• Finding RS LeadersThe broader leadership screen: how to rank the whole market by relative strength, of which the liquid leaders are the tradeable slice.
• Relative StrengthWhat the RS score measures and why a 90-plus reading finds strength of every size, liquid and thin alike, until you add a dollar-volume floor.
• Power vs RS RatingWhy Power is the absolute-strength reading the | sort pwr step orders by, and how it differs from the relative RS rank.
• Small-Float RS LeadersThe deliberate opposite screen: float<40m hunts the thin names this one excludes, trading executability for the sharper moves a tiny float allows.
• Open the terminalType screen rs>90 dollarvol>20m | sort pwr yourself and watch the list of liquid leaders refresh after every U.S. market close.