Technical Screeners
Technical screeners are essential tools for traders and investors who use price patterns, trends, and indicators to identify potential stock movements. These screeners analyze market data to highlight stocks showing specific technical behaviors, aiding timely and informed trading decisions.
Technical screeners help identify stocks based on technical indicators and patterns derived from historical price data and trading volumes. They capture crucial movements such as breakouts, crossovers, overbought or oversold conditions, momentum shifts, and volatility changes, allowing traders to spot timely trading opportunities.
- Moving Average Crossovers (Golden and Death Crossovers)
- RSI (Relative Strength Index)
- Resistance and Support Breakouts
- Momentum Shifts
- Volatility Squeezes
Identifies stocks where the short-term moving average crosses below the long-term moving average. This bearish signal suggests potential downward momentum, alerting traders to cautious or short positions.
Captures stocks with the short-term moving average crossing above the long-term moving average. This bullish indicator signals potential upward momentum and buying opportunities for traders anticipating positive price action.
Highlights stocks experiencing significant price increases, driven by strong market enthusiasm. Such momentum indicates potential continued gains, attracting traders looking for short-term profits.
Detects stocks with an RSI value exceeding 75. This condition suggests stocks may be overvalued temporarily and could experience price corrections, useful for traders anticipating reversals.
Finds stocks with an RSI below 25, indicating they may be undervalued due to excessive selling pressure. These stocks could potentially bounce back, creating opportunities for buying at favorable entry points.
Pinpoints stocks climbing above their first resistance level, suggesting strong upward momentum and potential continuation of bullish trends, ideal for traders aiming to ride early stages of rallies.
Highlights stocks that break through their second resistance level, demonstrating increased bullish strength and potential for sustained upward moves, valuable for momentum-focused traders.
Identifies stocks surpassing their third resistance level, indicating significant bullish sentiment and powerful buying momentum. These stocks often attract traders seeking high-confidence bullish signals.
Tracks stocks falling below their first support level, suggesting increased bearish sentiment and potential further declines. Traders use this signal to manage risk or explore short-selling strategies.
Spots stocks breaking below their second support level, indicating stronger bearish trends and the likelihood of continued price drops, assisting traders in adjusting their risk and investment strategies accordingly.
Identifies stocks falling beneath their third support level, highlighting intense selling pressure and potential prolonged downward trends. Traders can use this as a clear signal for caution or to capitalize on bearish momentum.
Detects stocks experiencing narrowing price bands, signaling low volatility periods that often precede significant price movements. Traders watch these stocks closely for possible breakout or breakdown opportunities.
- To identify stocks experiencing critical technical shifts and trading signals.
- When actively trading short-term market movements and trends.
- To enhance market timing and decision-making accuracy based on technical analysis.
- Select the specific technical indicators relevant to your trading strategy, such as moving average crossovers, RSI levels, or breakout points.
- Apply ScanX filters such as resistance and support levels, RSI thresholds, and moving average criteria.
- Analyze the filtered stock lists closely to identify optimal entry, exit, or short-selling points aligned with your trading objectives.
Those who rely heavily on technical analysis to trade frequently based on short-term market signals.
Traders aiming to profit from short to medium-term price movements by identifying trend reversals or continuations.
Those who utilize detailed technical indicators to enhance trading decisions and optimize trading performance.
Fundamental screeners dig into a company's financial health, looking at metrics like P/E ratios and earnings growth. On the other hand, technical screeners focus on price patterns and chart movements. Based on the requirement, such as for trading technical screeners and investment, fundamental screeners can be used. For the best results, you can use both screeners in conjunction.