最後更新日期：2023年09月08日
Have you ever pondered the existence of stocks that might be on the verge of taking off, yet remain outside your awareness? Besides developing AI Stock Mining tools, Growin also provides Stock Screener to help investors find more potential stocks. Let’s take a look together.
How to use Stock Screener?
Today, we will showcase how to identify potential growth stocks exhibiting strong momentum within the medium to long-term prospects.
First, access the Stock Screener from the left menu on Growin’s Stock Mining website. A variety of conditions can be customized and made available for users to utilize. Let’s begin by examining the first section!
Volatility Contraction Pattern (VCP)
This article provides an overview of how to enhance the efficiency of searching for Volatility Contraction Patterns (VCP) using Growin’s PowerSqueeze indicator. If you have any questions, please leave your comment and let us know.
First, access the Stock Screener from the left menu on Growin’s Stock Mining website. A variety of conditions can be customized and made available for users to utilize. Let’s begin by examining the first section!
The initial section centers around general settings designed for the broader public. Even if you have expertise in specific industry sectors, you might not be acquainted with every stock. This segment allows you to choose the industry of your interest, unveiling new potential stocks. Furthermore, you can refine your search by specifying a particular market capitalization range.In this example, We set the 20-day average trading volume to be > 5 million to avoid stocks with poor liquidity.
Next, we have Growin’s AI-driven Five Dimensional Analysis. The settings allow you to filter stocks that match your expectations in terms of either fundamentals or technicals. For today’s example, let’s set the criteria as follows:
- Value score greater than 3 points: Indicates financial stability, slightly above average.
- Trend score greater than 4 points: Indicates a high probability of a trend emerging or being in a favorable trend.
- Whale Interest score greater than 4 points: Institutions continue to buy with sustained fund inflow.
We can see below that there are quite a few stocks that meet the conditions set earlier, such as NFLX and CRM. In addition to the value, trend, and whale interest, you can also see the swing trading and dividend scores of the screened targets. These scores can be taken into consideration as well.
Sometimes, when there are many stocks after screening, you can utilize the sorting function on each column (e.g., market capitalization, 20-day average volume) to see if there are any stocks that you prefer.
If the above conditions aren’t sufficient, you can also include more advanced settings using Growin’s proprietary Momentum Indicator. For example, initially we have a total of 27 stocks after screening, but we wish to further refine the selection to specifically display strong momentum stocks. We can specifically set the Squeeze Weekly Indicator to a red signal, indicating strong accumulation of energy in the medium to long term, and set the momentum bar direction to be upward.
After screening, you can see that the target range has instantly narrowed down from 27 to 1 targets. At this point, you can focus on these 1 targets and use Growin’s Stock Mining to examine their price performance and Five Dimensions details.
This is the end of the tutorial on using the Stock Screener!
Want to learn more about Growin Stock Mining?
Click here to watch the complete guide on how to use the Growin Service : https://blog.growin.tv/stockmining-instruction/