How To Scan For Stocks To Swing Trade

swing trades

You can use FinViz to plug in the criteria you are looking for in a stock. This is an extremely sought-after product considering what is happening in the stock market right now. Stock markets are crashing from all-time highs, many of which have officially entered a bear market.


You can learn about it with What is Technical Analysis and How Technical Analysis Works. Due to the market correction, the stock has sold off back around it’s 20-day moving average. I like these types of plays because the market decided the stock was worth more after the earnings report, and the price was only pulled down by mass selling pressure in the market. Past results of any individual trader are not indicative of future returns by that trader, and are not indicative of future returns which may be realized by you.

Types of Stock Scanners

Let’s examine some major advantages and disadvantages of swing trading. Each week on my stock watchlist you’ll see the criteria I used for scanning. Some weeks they don’t change much, but if the S&P 500 has really moved, then you’ll see the criteria change over time. This is so I can continue to find top-performing stocks while also keeping the size of the list manageable.

  • Having screened only for the first part , we’ve come up with 130 names.
  • This site and all information therein is provided for informational and educational purposes only and should not be construed as investment advice.
  • Become a better trader with’s courses and programs.

These are considered the best screener settings for swing trading. In the even you’re stuck holding securities, chances are that neutral market conditions will minimize your losses. Instead of being stuck with securities during strong downtrend conditions, there is often more likelihood of prices rebounding. They are easy to use, and basic functionalities are available for free. Stock screeners help investors focus on the right stocks at the right time and help investors to find the right stocks based on specific fundamental data.

As the market evolves, Trade Ideas’ software adjusts levels and the trading plan to match. You can learn how to do all of this without risking your principal through a real-time simulated trading environment. Trade Ideas employs an artificial intelligence-powered assistant named Holly. Alter these screens to suit your strategy, or share screeners that you have found helpful for swing trading in the comments below. However, it may be a good time to add some bargain stocks to your watchlist.

Each week I update the I’m interested in on the Weekly Stock Watchlist. Once the sector list is sorted based on one of these time frames, then click Charts again. Ignore this criterion if you don’t mind low-priced stocks. This is under the Descriptive tab on the scanner and assures the stock does decent daily volume. This will produce a page filled with charts of all the stocks within that sector. The charts are in alphabetical order and have not been filtered in any way.

The mentioned near the top have been the top performers over the various time frames. We want to be trading leading stocks within leading sectors. Trade Ideas is a real time streaming stock alerts and scanner.

How to Scan for the Best Stocks to Trade

This article gives you the best Finviz screener settings for swing trading, along with day trading. It is a great screener that lets you keep an update on the stock market with filters and lets you save your presets. Finviz is free, but its elite version gives you more opportunities like managing charts and exporting data. You can easily research stocks, assets, and forex there.


Based on what we screened, there are a few names that look interesting. The current market conditions are such that energy is doing well, while the overall market is not. This course teaches you all the common candlestick patterns, shows you the backtesting for each pattern, and then puts it all together into a complete trading system. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance. BTW, if you’re interested in the indicator that I use personally for very precise entries and exits, I’m happy to share that with you. Just send me an email at , and I’ll show you how to get access to that indicator.

The Black Box Stocks stock screener is one of the key functionalities. It uses a proprietary algorithm to display the 10 hottest gainers and decliners of a day. There is also a premarket scanner included as well as a post-market scanner. Users can scan for all U.S.-listed stocks, including large-cap stocks, small-cap and penny stocks. I run a scan for finding continuation patterns and cup and handle patterns.

#1 Fundamental Stock Scanners

Many trading platforms have news built-in, so make sure yours does as well before proceeding. To learn more about scanning, finding explosive trades, and how to trade them, check out my Complete Method Stock Swing Trading Course. Know the proper amount of stock to buy—for the risk of the trade, your risk tolerance, and relative to your account capital—before placing a trade.

trading and investing

As with any tool, you want to master it to develop better results. Once you get your list of stocks, you can then focus on research to narrow down to the juiciest opportunities. We’re really proud of our creation, and we think you’ll dig it too. Check out our StocksToTrade scanner and its many awesome features today. Here, you’ll learn all about the wonderful world of scanning, plus we’ll share tips and tricks to help you get up to speed so you’re ready to perform your first scan.

The point here is that if you do quite a number of trades over a couple weeks, your gain will accumulate. Nevertheless, the individual transactions may be small. Most stock screeners are focused on U.S. stock exchanges, while others support Canadian stock markets or international stocks like XETRA in Germany or the NSE in India. In addition, free screeners include basic charting with chart drawing tools and fundamental and technical filters like trading volume and dividend yield.

Instead of buying now and selling later, the ideal position to hold if you believe prices are declining is to sell a security first, then buy it back later. The new premarket mode with the Pre Buzz column helps determine which stocks see unusual activity in the premarket. Seeking Alpha surprises with simplicity and advanced features like quant ratings, pre-configured screeners and SEC-filings access. Pick from 1 or 5 day, 1 or 3 month, YTD, or 1-year performance. Click on the name to bring up a list of stocks in that industry. If you prefer, here’s how to find top sectors and stocks there.

Select a technical analysis criteria or any combinations of technical indicators. Note the strongest sectors, and then if you want to incorporate them into a scan, open an existing scan and Add Criteria “sector”…and select the sectors you want. Or you can start a new screen and just add in the sectors you want.

What are the best stock scranners?

This could also be done when conditions are good for trading. If you don’t have a lot of time to scan through stocks, narrow down the list by focusing on hot sectors. This can often reduce the number of stocks on the scan list considerably. Sort that column to order the stocks from strongest to weakest over that time frame. If you are a member, you can go into your settings , click on My Filters and add global settings, such as price and volume requirements for the stocks that appear on the lists. For swing trading or day trading, focus more on the weekly and monthly performance.

I usually scan in the evening, after the stock market has closed. This works for my schedule; if you need to do it at another time, that’s ok too. I typically run a scan once a week, but it could be done daily, or a few times a month. Use this screening method to stay on top of hot stocks, know when they are setting up, and have your orders placed for when they explode. This is how I scan for cup and handle and triangle patterns. Earning calendars will help you factor in sudden price movements to your swing trading strategies.

On this page, I am going to show you how to do it using Click on the sector name to see all the stock charts within that sector. You’ll see some filter criteria at the top of the stock charts page.