Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (2024)

Stock Screener

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Disclaimer: This is NOT investment advice, just general help and opinions. Please check with a registered investmentadvisor before making any investment decisions. Thisdocument may contain errors. Chapman Advisory Group LLC employees are not investment advisors. Please review: http://www.stockconsultant.com/disclaimerpage.html

Topics

  • Get/Set Screen String
  • Set Up a Basic Breakout Screen
  • Set Up a Basic Momentum (with Trend) Long Screen
  • Screen For Intraday Moves
  • Profit Expectations on Screens
  • Preset High Quality Screens
  • Custom Screens Using Screen String
  • Screener List Options
  • Screener Output Styles

Get/Set Screen String

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (2)

  • Screen String link allows one to get and set screener strings in the format below:

    #0,345,00!0!!0!,124789abd,0, 12,,12,,24, 000000000000,234,,2345,000008#

  • To set a screen string, click on the "Set" link, then copy and paste the complete string (including the#'s) into the pop up box.
  • To get a screen string, click on the "Get" link, then copy the complete string (including the #'s) shown inthe pop up box to a text file or share with other members.
  • Save/backup extra screens besides the 25 screens allowed under the "Save Screen as User Preset" pulldown.

Set Up a Basic Breakout Screen

  • Make sure to save any previous screens.
  • Click on the Screener "Reset Screen" link to clear the current screen.
  • Set up a basic breakout screen with the following parameters:
    • Stock price: 5 and greater
    • Typical volume: 300K and greater daily typical volume
    • 1 day change: flat, up
    • Short term direction: flat,up
    • Overbought/sold: all values except Overbought, Extreme Overbought
    • 1 month trend: flat,up
    • Intermediate trend: all trends except Unsustainable uptrend
    • Breakout: watch, confirmed
    • Breakout profit: 5% and greater
    • Sort by: Breakout Profit, highest profit listed first
  • The screen string for this breakout screen is listed, below, to set, copy and paste the string (includingthe #') into the Screen String "Set" link pop up box.

    #,23456,,345,00!0!!0!, 124789abcd,,1234579,,12, ,12,,12,000000000000, 24,,2345,000008#

  • Screener with breakout screen

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (3)

  • Click the "Screen!" button to execute the breakout screen.
  • To save this screen, select one of the 25 open slots available under the "Save Screen as User Preset" pull down.

Set Up a Basic Momentum (with Trend) Long Screen

  • Make sure to save any previous screens.
  • Click on the Screener "Reset Screen" link to clear the screener.
  • Set up a basic long screen with the following parameters:
    • Stock price: 5 and greater
    • Typical volume: 300K and greater daily typical volume
    • 1 day change: flat, up
    • Overbought/sold: all values except Overbought, Extreme Overbought
    • 1 month trend: up
    • Intermediate trend: Uptrend turned sideways, Uptrend with recent pullback, Mild uptrend, Uptrend
    • Support/res: at support
    • Target 1 profit: 5% and greater
    • Profit/Loss: 2.5:1 and greater
    • Target 1 Potential: good, excellent
    • Sort by: Long Target 1 Profit, highest profit listed first
  • The screener string for this long screen is listed below, to set, copy and paste the string (including the #'s) into the Screen String "Set" link pop up box.

    #,23456,,345,00!0!!0!, 479b,,1234579,20,12, 100000000,2345,,34,, 456,00000004#

  • Screener with long screen

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (4)

  • Click the "Screen!" button to execute the long screen.
  • To save this screen, select one of the 25 open slots available under the "Save Screen as User Preset" pull down.

Screen For Intraday Moves

  • Convert breakout or long screens to find strong intraday moves, make the change below:

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (5)

Profit Expectations on Screens

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (6)

  • When setting the screener Price and Typ Volume range see below for the profit expectations on large cap (price 25+, volume > 1Mil), mid cap (price 12+, volume 300k-1Mil) and small cap (price <12, at any volume) stocks. Notice certain industry/sectors show up more frequently for each size/profit. You may want to make separate screens for each type.

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (7)

Preset High Quality Screens

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (8)

  • Use Screener buttons (above) to screen for high quality Long, Breakout, Short and Breakdown trades.

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (9)

Custom Screens Using Screen String

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (10)

  • To set a screen string, click on the "Set" link, then copy and paste the complete string (including the #'s) into the pop up box.
  • A good general breakout screen for momentum and bottoming stocks:

    #0,345,00!0!!0!,124789abd,0,12,,12,,24,000000000000,234,,2345,000008#

  • Adding high volume to the above good general breakout screen and increasing the range of volume to 100k+ daily:

    #0,2345,00!0!!0!,124789abd,0,12,,12,,24,0000002,45,0000,234,,2345,000008#

  • A member requested a high volume stock screen. Use the Screener 1 Day Money Flow (bullish) and Money Flow Strength (strong/extreme) to find stocks with high volume. Set the 1 Day Change to control how big a move occurs on that volume, from flat with high volume to strong up/extreme up with high volume.

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (11)

    #,23456,,345,00!0!!0!000020000002,5,000000000004#

  • To find the latest requested and custom screens search Twitter for #scscreens

Screener List Options

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (12)

  • Click on the link above for the pop up below

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (13)

  • Screener list options:
    • Change the number of stocks displayed per results page from 1 to 35 charts/data (some mobile, tablet and older IE browsers may be sluggish with more than 10-20 charts).
    • Choose between both charts and data, or data only output.
    • Turn on/off Rally Bands/MA (moving average) indicators to increase speed on Internet Explorer browsers.
    • Portfolio and Screener list options are independent, you may want different output indicators for each tool.

Screener Output Styles

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (14)

  • The "Output Style" pull down sets what indicators will be shown in the table results for each stock. For example, the "Fixed Breakout" output style is listed below.

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (15)

  • Selecting one of the User Adj 1-4 styles and clicking on "Edit" allows one to change the name and output indicators listed in the table.

    Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (16)

  • For preset screens, the output styles will default to one of the fixed styles (Long, Breakout, Short, Breakdown).
  • There are four user adjustable output styles(5-9). The names and indicators can be changed and will be saved and used with the current portfolio or screen.

Back to help topics

Stock Screener, Screens, Breakout, Tops, Bottoms, Trade, Profit (2024)

FAQs

What is the most successful stock screener? ›

  • 9 Best Stock Screeners of 2024. TIKR. Finchat. Finviz. TradingView. YCharts. Yahoo Finance. Zacks. Seeking Alpha.
  • FAQ.
Mar 6, 2024

How to screen stocks for breakouts? ›

Monitor volume and price

One way to identify potential breakout stocks is by looking for those with increasing volume and price momentum. Breakout stocks often have a sudden surge in trading volume, which may indicate growing investor interest.

What is the best free screener for stocks? ›

Zacks is the best free option for stock screeners.

What is the best stock screener for day trading? ›

IntradayScreener
  • Momentum Stocks Pro. Range Breakout ScansPro.
  • Futures DashboardPro. Futures Trend Pro.
  • Option Chain Analysis Pro. Combined OI Pro. Multi Strike OI Pro. Option Chain EOD.

What is the most profitable stock ever? ›

The Best Performing Stocks in History
  • Coca-Cola. (NASDAQ: KO) ...
  • Altria. (NASDAQ: MO) ...
  • Amazon.com. (NASDAQ: AMZN) ...
  • Celgene. (NASDAQ: CELG) ...
  • Apple. (NASDAQ: AAPL) ...
  • Alphabet. (NASDAQ:GOOG) ...
  • Gilead Sciences. (NASDAQ: GILD) ...
  • Microsoft. (NASDAQ: MSFT)

How profitable is breakout trading? ›

Does breakout trading work? Trading breakouts can be a profitable trading strategy. The risk of a false breakout is high though, which is why having a sound risk management plan is important. Furthermore, you should aim for a reasonable risk/reward ratio - at least 1:2.

When should you trade breakouts? ›

How to use a breakout entry in your trading. One way of using the breakout entry is to get into a trade when the price has breached a resistance level. For many traders, a breach of the resistance level means the price has the momentum to go higher.

How do you trade breakouts like a pro? ›

Trading Breakouts Strategy
  1. Find an Asset That Looks Ready to Break Out. The first step is to identify an asset that is consolidating, either in a range or in a chart pattern, like a channel, triangle, wedge, or pennant. ...
  2. Wait for Confirmation of the Breakout and Set Your Order. ...
  3. Set Your Stop Loss. ...
  4. Find Your Profit Target.
Feb 8, 2023

Is there a trick to day trading? ›

Set a Financial Loss Limit

It's smart to set a maximum loss per day that you can afford. Whenever you hit this point, exit your trade and take the rest of the day off. Stick to your plan. After all, tomorrow is another (trading) day.

What is the difference between a stock scanner and a stock screener? ›

A scanner, also referred to as a stock screener, is a program or a service that filters the markets to find stocks that meet a specific set of criteria. The criteria can be preset and also configured by the user. Scanners comb through millions of datapoints to help you find trading opportunities.

How many times a day should I check my stocks? ›

No, you shouldn't check your investments daily or weekly.

Daily stock market fluctuations shouldn't be an alarm if you plan to use your money after seven years or more. The swings are just for a short time, after which investments typically revert to their long-term growth trends.

What is the best website to screen stocks? ›

The 8 Best Stock Screeners of May 2024
Stock ScreenerFree VersionPaid Version
Seeking Alpha$239 per year
Stock Rover$80 to $280 per year
Trade Ideas$999 to $1,999 per year
Benzinga Pro$324 to $1,404 per year
3 more rows
May 1, 2024

What is the best stock picking service? ›

Let's jump in!
  • Best overall: Motley Fool Stock Advisor. ...
  • Best quant-driven service: Alpha Picks. ...
  • Best for portfolio management: The Barbell Investor. ...
  • Best for a high-caliber team of analysts: Moby. ...
  • Best for disruptive technology: Motley Fool Rule Breakers. ...
  • Best for long-term swing trades: Ticker Nerd.
Mar 18, 2024

Is there a free stock screener for day trading? ›

Finviz — Best Free Day Trading Stock Screener

Its basic version is free, but still provides robust functionality with a simple user interface. There's also a paid option that stacks up more favorably with other paid day trading stock screeners.

What is the most accurate indicator of what a stock is actually worth? ›

The price-to-earnings ratio (P/E ratio) is a metric that helps investors determine the market value of a stock compared to the company's earnings.

What is the best tool to predict stock market? ›

The MACD (Moving-Average Convergence/Divergence) line is the most used technical indicator. Along with trends, it also indicates a stock's momentum. To forecast a stock's future direction, the MACD line analyses its short-term and long-term momentum.

What is the best stock screener for technical analysis? ›

What is the most widely used technical stock screener? The Moving Average Convergence and Divergence (MACD) and Relative Strength Index (RSI) are the two most widely used technical stock screeners.

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