This is an excellent stock screening tool provided by Finviz free-of-charge (subscription required for more sophisticated features). I find that even the free version is really really useful tool, really a must-have.
For example, I wonder to myself what stocks that are in the red now and printing new 52-week lows will do if markets catch a sudden whiff of risk-off. A way to find build a list of these stocks is to use the free stock screener provided by Finviz.
Based on numerous filters available, I pick a 5-rule combo from the Descriptive and Technical list of filers:
- Country: USA (Descriptive)
- Option/short: Optionable (Descriptive)
- Price: $50 – $100 (Descriptive)
- Performance: Year Down (Technical)
- 52-Week High/Low: New Low (Technical)
Finviz screencap showing a 5-rule screen result for stocks
There are many combinations that anyone can personalise according to his/her own trading strategy.
The following two tabs change content below.
Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005.
Soh's Twitter account @sohtionghum
was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015
"I do not have a financial advisor's license. I am not qualified by any regulator to give financial advice. I do not know you the reader. Your investment means and motive may be different from me. My posts here are based on observations and meant for education. I am not responsible for for any consequence from your actions."