Discover Profitable Stocks Using the AI Screener

Table of Contents

• Introduction
• How to Access the Screener
• Understanding the Difference Between Screeners and Scanners
• Using Pre-set Features in the Screener
  • Finding Top Gainers
  • Identifying Volume Leaders
  • Trading on Gaps
• Exploring Group Trends
  • Analyzing Industry Themes and Indexes
• Creating Watchlists and Setting Alerts
• Analyzing Fundamental and Technical Analysis
  • Evaluating Valuation Ratings
  • Examining Profit vs. Risk Ratings
  • Assessing P/E Ratios
• Using Filters to Refine Search Results
• Using the Time Machine Feature
• Conclusion

📈 How to Find Winning Stocks

Welcome to this guide on how to find winning stocks using the Eye Screener. Whether you're a trader or an investor, the Eye Screener provides powerful tools to help you make informed decisions and identify profitable opportunities in the stock market. In this article, we'll explore the different features of the screener and learn how to effectively use them to find the best stocks to trade or invest in.

Introduction

The Eye Screener is a valuable tool that traders and investors can use to analyze the stock market and discover potential trading opportunities. By understanding how to navigate and utilize the screener effectively, you can gain a competitive edge in the market. In the following sections, we'll dive into the various features of the screener and show you how to access and use them for your advantage.

How to Access the Screener

To gain access to the Eye Screener, simply visit their website and click on the "Screener" tab. This will take you to the screener homepage, where you can begin using the various features and tools available to you. The screener is designed to provide an intuitive and user-friendly interface, making it easy for both beginners and experienced traders to navigate and find the information they need.

Understanding the Difference Between Screeners and Scanners

Before we dive into the specific features of the Eye Screener, let's clarify the difference between screeners and scanners. While screeners and scanners share similar functionalities, there is a key distinction between the two. Screeners are primarily used by investors to analyze stocks based on predefined criteria, while scanners are more commonly used by traders to identify real-time trading opportunities.

With that said, the Eye Screener provides elements of both screeners and scanners, allowing you to leverage the best of both worlds. Whether you're an investor looking for long-term investment opportunities or a trader seeking quick trades, the Eye Screener has you covered.

Using Pre-set Features in the Screener

One of the most convenient features of the Eye Screener is the ability to use pre-set filters to quickly find stocks that meet your specific criteria. Let's explore some of the popular pre-set features and how you can benefit from them.

Finding Top Gainers

If you're interested in finding the top gainers in the market, the screener makes it incredibly easy. With just a few clicks, you can filter the stock list to display the stocks with the highest percentage gains for the day. This information allows you to identify stocks that are experiencing significant price movements and may Present trading opportunities.

Identifying Volume Leaders

Another useful pre-set feature is the ability to find volume leaders. Volume is a crucial metric in stock trading, as it indicates the level of interest and activity in a particular stock. By using the screener's volume leader feature, you can quickly identify stocks with high trading volumes, which can indicate increased liquidity and potential trading opportunities.

Trading on Gaps

Gaps in stock prices occur when there is a significant difference between the closing price of a stock and its opening price on the following day. Gaps can provide valuable insights into stock price movements and can be used as indicators for potential trading opportunities.

The screener allows you to filter stocks based on the size of the gap, whether it's a gap up or a gap down. You can use this feature to identify stocks that have experienced substantial price gaps, giving you an opportunity to trade based on these price movements.

Exploring Group Trends

In addition to individual stock analysis, the Eye Screener also allows you to explore group trends. Group trends refer to the performance of specific industry themes or indexes. By analyzing group trends, you can gain insights into which industries are performing well and potentially identify investment opportunities within those sectors.

Analyzing Industry Themes and Indexes

The screener provides ratings for different groups, such as industry themes and indexes. These ratings can help you evaluate the overall performance and potential of specific industry groups. For example, you can identify industry groups that have experienced significant growth over the past year and may present buying opportunities.

By clicking on a specific industry group, you can access a more detailed list of stocks within that group. This allows you to further analyze individual stocks and make more informed investment decisions.

Creating Watchlists and Setting Alerts

One of the most powerful features of the Eye Screener is the ability to create watchlists and set alerts. Watchlists allow you to monitor specific stocks or groups of stocks and receive updates on their performance. By creating watchlists for stocks you're interested in, you can easily keep track of their progress and be alerted to any significant changes or trading opportunities.

To create a watchlist, simply select the stocks you want to track and save them to a personalized watchlist. You can then monitor the performance of these stocks and set alerts to notify you when specific criteria are met. For example, you can set alerts for when a stock changes from a strong sell to a strong buy, indicating a potential buying opportunity.

Analyzing Fundamental and Technical Analysis

To make well-informed investment decisions, it's important to analyze both fundamental and technical factors. The Eye Screener provides tools to evaluate fundamental and technical analysis, giving you a comprehensive understanding of a stock's potential.

Evaluating Valuation Ratings

Valuation ratings help you assess whether a stock is undervalued or overvalued. By considering factors such as price-to-earnings ratio (P/E ratio) and other valuation metrics, you can determine if a stock is priced attractively relative to its fundamentals. The screener provides easy-to-understand ratings and indicators to help you identify undervalued stocks that may be worth considering.

Examining Profit vs. Risk Ratings

Profit vs. risk ratings provide insights into a stock's potential profitability and the associated level of risk. By considering the ratio of potential profit to potential risk, you can evaluate whether a stock's potential returns outweigh its risks. The screener offers clear visual indicators to help you identify stocks that offer favorable profit vs. risk ratios.

Assessing P/E Ratios

The price-to-earnings (P/E) ratio is a widely used valuation metric that compares a company's stock price to its earnings per share. A low P/E ratio suggests that a stock may be undervalued, while a high P/E ratio indicates a higher valuation. The screener allows you to analyze stocks based on their P/E ratios, helping you identify potential investment opportunities.

Using Filters to Refine Search Results

If you're looking for more specific search results, the Eye Screener provides filters that allow you to customize your search criteria. By using filters such as market capitalization, sector, or specific financial ratios, you can narrow down your search results to the stocks that meet your specific requirements.

For example, if you're interested in finding strong sell opportunities within a particular market capitalization range, you can set the filters accordingly and retrieve a list of stocks that match your criteria. These filters give you the flexibility to focus on stocks that Align with your investment strategy and preferences.

Using the Time Machine Feature

The Eye Screener offers a unique feature called the Time Machine, which allows you to analyze the past performance of stocks based on specific criteria. This feature enables you to evaluate the effectiveness of your strategies and filters in different market conditions.

By using the Time Machine, you can simulate the application of your filters on historical data and assess how well they would have performed in the past. This helps you gain insights into the efficacy of your trading strategies and refine your approach based on historical performance.

Conclusion

In summary, the Eye Screener is a powerful tool that can help you find winning stocks by providing access to a vast array of data and analysis features. By leveraging the screener's pre-set filters, group trend analysis, watchlists, and alerts, as well as fundamental and technical analysis tools, you can enhance your ability to identify profitable trading and investment opportunities.

Remember to experiment with different filters, explore group trends, and use the Time Machine feature to refine your strategies and improve your overall trading and investing performance. With diligent research and analysis, the Eye Screener can become an invaluable companion in your journey to finding winning stocks in the market.

If you encounter any issues or have further questions about using the Eye Screener, don't hesitate to reach out to their customer support for assistance. Happy screening and may your stock investments bring you success!