Monday, 11 November 2024

Using a Stock Screener: A Comprehensive Guide

 

A stock screener is a powerful tool that allows you to filter stocks based on various criteria, such as price, volume, market capitalization, financial ratios, and technical indicators. By using a stock scanner, you can quickly identify potential investment opportunities that meet your specific investment goals.



Golden Crossover :- When 50 DMA moves above 200 DMA from below


When the 50-day Moving Average (DMA) crosses above the 200-DMA, it's often referred to as a "Golden Cross." This technical indicator is widely used by traders as a bullish signal, suggesting a potential uptrend


To find such stocks on a scanner, you can use the following criteria:


Strong Volume: Higher trading volume often accompanies a bullish trend.

Positive Price Momentum: Look for stocks with increasing prices or positive price momentum

Valuation Metric : Investors often use book value to assess a company's valuation. A company trading at a significant discount to its book value might be considered undervalued......









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