This is a capital identify to start before moving ahead, so you can choose which screener is best for your trade needs .
The Best Stock Screeners Introduction
Our front-runner store screeners for finding the best swerve stocks are :
- FinViz
- StockFetchr
- ChartMill
You can watch the YouTube television below for a entire explanation and review of each.
In the adjacent segment we are going to take a expression at merely FinViz, and how to screen for the best swerve stocks .
The Best Trending Stocks Screener
fiscal visualizations or FinViz for shortstop has a very powerful and free lineage screener .
You can visit the FinViz screener by clicking here >
There are three unlike filter categories to use :
- Descriptive
- Fundamental
- Technical
There are a few different ways you can use the screener to find swerve stocks, we are going to explain them all in this post !
We like to look at stocks that are trending in the top commission for the lengthiness of the vogue indeed this dislocation is going to be for bullish opinion. We ’ ll break down a bearish sentiment screener as well. Our darling weekly screener for swing trading to find the best swerve stocks is :
Descriptive:
- Market cap (over 2 BN)
- Optionable
- Current Volume > 1M
Technical:
- 20-Day Simple Moving Average: Price 10% above SMA
optional :
-Pattern ( There is a design selection instrument in the screener where traders can screen based on the graph blueprint in that grocery store ) .
Based on those results we found 17 companies, depending on the overall market ’ sulfur intensity and how the economy is doing we could either have a lot of names like these or identical few random ones. Always watch the broader market ( S & P 500, Nasdaq, Dow, and the large contributing names to those indices, such as Apple, Facebook, Amazon, etc ) .
You can take a count at the names and see that not a fortune are not that well known. From this we can clearly see that the broader market is struggling right now. The next step to identify the opportunities is by going through the charts !
FinViz allows you to easily siphon through the charts you have screened by selecting “ charts ” in the check excerpt under the screen criteria .
Based on what we screened, there are a few names that look interesting. Mainly energy names. The current market conditions are such that energy is doing well, while the overall commercialize is not .
The other name that comes out on the list is ET ( Energy Transfer LP )
Based on this information you can look for trades that will follow the swerve and continue the top structure based on pullbacks or breakouts .
If you want to look for bearish names that are showing signs of weakness, all you need to change is the technical 20-Day Simple moving average : 10 % or 20 % below.
The 20-day moving average is a good barometer for the overall potency and swerve in stock, if we close and hold below, then the bearish momentum could in truth take over .
There is more than one way to find good names to swing craft using the screener ! You can find unaccented, beaten-down names that have the potential to come back. specially larger names that didn ’ t make the list .
The only thing you ’ ll have to change in the search standard is :
Technical:
- 20-Day Simple Moving Average: Price crossed above 20 DMA
In this case, we get 101 stocks that have met all of our criteria. With which you can do 2 things, go through all of the names and find out which ones look the best. Or you can filter for higher liquidity, which would mean increasing the volume criteria. Increase volume threshold to at least $ 2M. Or even $ 5M if there are inactive besides many ! With 2M we have 61 names that are crossing back above the 20 moving average to show us bullish strength .
Going through the list, there are a lot of names that pop out. A draw of charts that look dear deoxyadenosine monophosphate well .
ATVI (Activision Blizzard) 
BAM (Brookfield Asset Management)
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NKE (Nike Inc)
There are a set more if you want to see names that very got beat down. Change the filter in the technicals to : 10-20 % under the Simple Moving Average. To find stocks that have truly gotten hurt and watch them for their revival .
There are other ways to screen a well. You can screen for emergence names, which typically have large movements and fast. You can besides screen for bearish swing trades
Screening for Growth stocks
A growth stock is a stock that has rapid tax income and rapid earnings growth. We would typically qualify a growth lineage as one that grows quarter over one-fourth at least 20 %. Meaning its sales/revenue growth is as such and sol is earnings per partake growth .
In FinViz you will look for the follow screens .
Descriptive:
- Market cap (over 2 BN)
- Optionable
- Current Volume > 2M
cardinal :
- EPS growth qtr over qtr: Over 20% (can be changed to over 25,30 etc)
- Sales growth qtr over qtr: Over 20% (Can be changed to over 25,30 etc)
If you want to identify reproducible growth companies, you want to see the history of growth .
- EPS growth past 5-years: 20%
- Sales growth past 5-years: 20%
Having screened only for the first part ( EPS and Sales Growth ), we ’ ve come up with 130 names. This list came to be far minimized, by increasing the volume threshold or adding the EPS and sales emergence over the last 5-years .
Increasing bulk to 5M we get 57 names.
Keeping the volume at 2M but adding the last 5-years of increase we get 15 names .
Some of the names that popped out were :
FB (Facebook Inc.)
APPS (Digital Turbine Inc.)
ETSY (Etsy Inc.)
Important note when using FinViz Screen
now it ’ mho crucial to note at this point that you will very rarely find any results with all of these filters in FinViz Screen. And you are able to find more FinViz features on the dashboard .
You will need to adjust the criteria on a hebdomadally basis to find at least 5 to 10 stocks, but not excessively many. Keep adding filters until you get to a list of no more than 10 stocks .
These can be put together into a weekly watch list called “ weekly trending stocks ” .
But how do you know what trading strategy to use or when ?
This is what our Swing Trader education software and daily stock market newsletters are for .
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FinViz Stock Market Fundamental Analysis
FinViz is a reliable broth screening platform that has a overplus of different tools. They ’ ve got tools for all market participants from investors to traders. fundamental analysis components, technical analysis components, a combination, and more. You can use FinViz to plug in the criteria you are looking for in a stock. This is an extremely sought product considering what is happening in the stock market right now. stock markets are crashing from all-time highs, many of which have formally entered a bear market. Finviz allows all market participants to look for value in assets and stocks. The stock screener can give you solid investment ideas to buy this downside when it starts to show signs of recovery for long-run investments. A lot of stocks have been overvalued for some time and they calm remain at those levels even with a bunch of this downside. A lot of people are waiting to start buying into the stock market and they can do therefore efficiently with the use of Finviz. Find undervalue stocks in April 2020 or even later on Finviz for likely long-run plays with the use of the fundamental creature. For those traders out there you can find short opportunities on Finviz using the technical psychoanalysis instrument into March 2020 .
The Best Trending Stocks Screener – Conclusion
Using screeners you can identify a hot list of the best trending stocks on a hebdomadally basis .
once you narrow down your focus to just a few, you can very focus on getting the time right throughout the week .
Weekends are when you should do all your analysis and planning. During the week you are focusing on finding the right time to qualify a barter and execute your entrance .
We teach you the integral approach to swing trade with options and how to choose the best trade strategy in each and every market condition .
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The information contained in this post is entirely for educational purposes and does not constitute investment advice. The gamble of trade in securities markets can be hearty. You should cautiously consider if engaging in such natural process is desirable for your own fiscal situation. TRADEPRO Academy is not responsible for any liabilities arising as a consequence of your grocery store participation or person trade wind activities .