Lesson #5: Stock Screener - How To Find Trending Stocks
Scroll Charts on Stock Screen Save Chart to a Watchlist Save Stock Screen as a Watchlist
Here is a brief example of how to find trending stocks.
Open the Stock Screener
- Select View >> Stock Screens on the chart menu; or
- click the toolbar icon.
Select the Exchange and Index
- Click the Reset button to clear any existing filters;
- Select the Exchange
- Select the Index (optional)
- Increase Maximum Return as there are likely to be many returns
- Sort by % Price Move over 3 months
Set the Moving Average Filter
Filter for stocks that are above their 100-day exponential moving average:
- Select Moving Average Crossovers
- Close (for closing price)
- 100 (for the 100 day MA)
- Bull signal (the first selection must be above the second)
- 9999 trading days (so that we capture all stocks above the MA - even if they have been above the MA for several months)
- Submit or hit your Enter key.
Established Trends
Click on the MA header to order from the highest days above the MA to the lowest.
These are strong trending stocks. Entry opportunities often present themselves when stocks dip back to the moving average and the 3-month % price move is low.
New Trends
Click on the MA header to reverse the order.
Price often whipsaws around the moving average and stocks should be treated with caution where closing price has been above the moving average for less than 20 days. However, new trends can sometimes be identified by high 3-month % price moves.
View Chart from Stock Screen
- Double-click on a stock; or
- Right-click and select Chart the Selected Security.
Scroll Charts on Stock Screen
To scroll the stock screen list:
- Use the yellow arrows on the chart toolbar; or
- Right-click the down arrow and select a stock from the list.
Save to a Watchlist
To save a chart to your watchlist:
- Click the watchlist icon on the chart toolbar.
Save Stock Screen as a Watchlist
Save up to 500 stocks as a watchlist:
- Use the F8 shortcut key; or
- Right-click on the stock screen and select Create Watchlist Automatically Adding Top 500 Securities.
