Stock Screeners: What are they, and how are they used?

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Chart data is delayed by 15 minutes, and the service is ad-free. You get stunning charts, all US stocks & options, option chains, and practice paper trading for free. Looking at stock charts with Stock Rover differs from all the other free stock software on the market. Whereas MetaStock & TradingView focus on hundreds of technical analysis price/volume indicators, Stock Rover focuses on charting the fundamental financial strength indicators. Stock screeners play an important part in the research process.

It took me about 10 seconds to identify two stocks out of 24 worth watching at in more detail. Investing involves risk including the possible loss of principal. As a day trader, it’s very easy to get caught up in constant research, trying to find the latest stock poised for a big move. The review focuses on the main functionalities of the stock screener, the differences between Finviz Free and Finviz Elite, and the costs. Another approach is to monitor for stocks that are likely to move significantly each day. Another day trading method is to do some research in the middle of the trading session to find the stocks that are moving the most that day.

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Screeners provide you with a list of stocks that fit your criteria after you respond to a series of questions and enter your search criteria. Stock Rover integrates with every major brokerage and enables management of profitability reporting, portfolio correlation, and adjusting balances. The report includes a separate Income Dividends Report & Ratings.

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Suppose you are unsure whether Benzinga Pro is the right tool for you. I suggest starting a free trial to try all of its features for 14 days. You can try any of Tradingview paid plans for free for 30 days. You can fully customize your criteria by inputting the desired values. What I like about this part is that Stock Rover provides the S&P 500 values of that particular criteria (if applicable). The only drawback for Gurufocus is that its user interface is old and clunky.

  • The free service includes a stock newsfeed and powerful watchlist/portfolio management.
  • Zero and low commission trading and easy to use apps make the market much more accessible than the past.
  • Yahoo Finance is working hard to make its charting system a worthy alternative to other free vendors.
  • Finviz does not have an effective interactive workflow experience for the user.

Investors love Stock Rover’s rating system, which scores securities on a scale from 1 to 100 in several categories. These include growth, valuation, efficiency, financial strength, dividends, and momentum. Followers of Warren Buffet will especially like the preset fair market value and margin of safety screeners. That’s why Zacks is our choice as the best free option for a stock screener.

You just need to understand the accounting terms and input your preferred numbers into the screener. Hence, as this post features two types of stock screeners, each will have different criteria. However, I found these tools fail to match premium third-party tools, especially if you have a specific strategy based on technical analysis. Premium stock screeners have very few or none of these limitations.

Stock Glance

As a techno-fundamental investor, I have used numerous tools from both categories. With thousands of stocks in the market, finding the right one to purchase at the right time can be troublesome. Hence, numerous investors and traders alike miss such lucrative opportunities that can grow their money in many folds. Its ease of use masks the power and robustness of its screening, scanning, and filtering. The same power and maneuverability apply to its ETF and options screening.

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Free stock charting services typically provide data with a 15-minute delay, but some services like TradingView offer fast real-time charts for all US NYSE & NASDAQ stocks. The market for Free Chart Services is competitive, but some clear winners offer great free services and additional add-ons for a fee. If you are starting as a new investor with a few hundred dollars to invest, you certainly will not buy a premium stock charting package for $30 per month; you will use the free stock charting services. Of course, Benzinga offers this service for free, hoping you will fall in love and upgrade to the paid services.

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It is also equipped with real-time data that many fundamental stock screeners do not provide. You can start screening stocks and ETFs with TradingView for free, which includes access to the screener, list alerts, and advanced filter finviz alternative india customization. Paid plans with more complete access to TradingView’s powerful tools start at $14.95 a month and go up to $59.95. But its real claim to fame is the way it has stacked its screener with many useful tools and features.

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Within less than a minute, you will receive stocks that are potential candidates for day trading. This screener uses AI to search the entire US market and find stock trading signals from various timeframes in real-time. These signals can be either bullish or bearish, such as cup-and-handle, flag, triple-tops, etc. Stock Data – Like other platforms, Benzinga Pro provides comprehensive stock data that you can use for further research. Once you find the right stocks to trade, you can use Tradingview’s interactive chart and its numerous indicators to help make trading decisions.

Are there any good free stock screeners?

TradingView‘s monitoring checklist includes fundamental data separated by performance, value, dividends, margin, profits, financial statements and balance sheets. Users find various charts to perform complex technical analysis, with up to 50 pre-built drawing tools. Additionally, you will find 100,000+ community-built indicators, volume profile indicators, candlestick patterns recognition and multi-timeframe analysis. Among the most popular economic indicators in TradingView you have the option to map or compare civilian unemployment rates to the growth in corporate profits. Tradingview offers huge trading opportunities for international traders and if you need an active trading community then this is the place. Apart from the typical range of tools and charts, the Zacks stock screener offers more advanced than Yahoo.

In fact, Firstrade offers free stock trades and research reports from both Zacks and Morningstar. Finviz allows you to visualize markets based on stock price performance, volume, P/E, PEG, Dividend Yield, Float, EPS, and even analyst recommendations. From here, Finviz allows you to double-click on a stock and jump directly to the individual company data and chart. Stock Rover provides free stock analysis with its innovative research reports. The research reports combine a company’s historical and forecasted financial data into a cohesive unbiased analysis. The free stock analysis provides a real-time view of the company’s financial situation, earnings, and analyst consensus estimates.

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There are many free stock chart services, but the three review winners are TradingView, for global charting and community. Stock Rover’s free charting and screening are perfect for value, income, and growth investors. TC2000 FREE is great and allows you a good upgrade path to TC2000. Yahoo Finance is improving its free stock charting experience every year.


Its innovative platform, MOMO, is a comprehensive trading tool that consists of a momentum scanner that finds breakout stocks, instant stock alerts, and a news stream. TC2000 – Recommended by several bloggers, TC2000 is a comprehensive tool comprising a stock and option screener, stock chart, paper trading, and even a full-fledged brokerage account. Benzinga Pro is one of the most comprehensive stock research tools and unarguably the best considering the freshness of financial data. Custom Stock Screener – Like other stock screeners, you can customize the screener to find the right stock for your portfolio.

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But $228 a month is a worthwhile investment for the edge that traders seek. A standard plan is available for $118 a month without full access to AI technology, and a further discount is available if you pay annually. There is also a third, baseline option called TI Strength Alerts for $17 a month that gives you five new trade ideas every Sunday. Many users consider Yahoo finance stock screener as the most basic tool in the field. I like the ability to plot breaking news for a stock on the chart itself; this really sets it apart from the other charting tools. It is an OK service for quickly referencing the global markets and perusing the news.

You can use the screener for up to 100 portfolios and up to 200 screener presets. With its lightning-fast platform and AI-driven functionalities for screening hundreds of criteria, Trading Ideas makes our list as the best stock screener for day trading. Many stock screeners concentrate on the New York Stock Exchange or generally North American markets.

These two features would be beneficial to build a portfolio or find stocks that pass all the criteria based on these popular strategies. Stock Rover’s screener is a comprehensive tool that can search for the right stocks, ETFs, and mutual funds for your portfolio. I understand that many will not tolerate such a clunky user interface. However, I hope you will give Gurufocus a try, as it is undoubtedly one of the best fundamental screeners that many other tools cannot compete with. Koyfin provides intraday price data for all US-based closed-end funds as well as performance and financial statements.

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Today, Mastercard, with roughly the same valuation, doesn’t even make the top 10. Similarly, if an investor uses revenue as a threshold, then they have to recognize that the nominal value of revenue in relation to the size of the company will change over time. One dollar in 2010 is equivalent in purchasing power to about $1.38 today. For example, you can customize the screener to find a stock that is trending downward, but its RSI is less than 30 (likely to be oversold).

You can then profit handsomely from earnings season trades and “battleground” stocks. Members can evaluate each portfolio’s performance and financial characteristics, along with access to each stock in the portfolio. Ranked Screener – Ranked screener is an excellent feature unique to Stock Rover that I find extremely beneficial. With this feature, you can assign a weight to particular criteria so that Stock Rover will display the results according to your preference. Using pre-built templates is the easiest way to scan for the right stocks on the Stock Rover platform since you don’t need to input anything. You can then use Stock Rover’s stock research tool to evaluate further whether it is the right candidate to buy.