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)
There are many combinations that anyone can personalise according to his/her own trading strategy.
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.
“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.