LIST OF STOCK SCANNERS
Stock scanners are one of the most important tools that a trader needs to become successful. They search for important trading keys such as volume, setups, trade ideas etc. We’ve provided you with a list of some of the most popular stock scanners and our favorites below. Also, we’ve provided you with our free trading courses if you need more help with getting started as a trader.
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Stock Scanners Are Vital Trading Tools
The best stock scanners and screeners are integral tools used to search the markets for specific criteria for trading. They are great for finding setups and stocks to trade. Are you looking for a list of the top stock scanners and tools to help you with your trading routine? We got you covered! Here is a list of our favorites. Just click any of the links to read our full in depth reviews, or read this page for a highlight on each one. These are tools we actually use, daily or weekly.
We believe they offer the most bang for your buck. This list will encompass both good day trading scanners and swing trading scanners. If you need more training in the stock market then register for our free trading courses below.
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List of the Best Stock Scanners and Screeners
Trade Ideas is one of our favorite stock scanners and they are a household name in the industry. We love Trade Ideas because they’re easy to use once set up (become a Yearly member and receive our custom-built Trade Ideas scans). We share it daily in our trade room by the way.
It provides a ton of data with a simple interface and is constantly being improved by their engineers. In fact, it helps us work smarter not harder.
We love the high of day momentum scanner; especially as day traders. As a result, the trades that have massive volume, bullish break outs and high of day are right at our fingertips. This stock scanner is mostly associated with the day trading crowd. However, there is a setting or “channel” for every trader.
Day trading happens quickly. As a result, you can get frustrated trying to find moves before they’re over. Trade Ideas finds them NOW, before anyone else (well, pretty darn quickly!)
Trade Ideas has a default “channel bar” where you have easy access to many different settings that will scan for stocks within a set niche. For example, biotech, volume, pre-market, options, penny stocks to name a few specific channels. Everything you could ever want to see is right there for you to put to use. Here’s a list of the top free trading brokers.
Yes, Trade Ideas even has an option scanner. We love their option scanner because we know when options plays are happening real-time. They have both basic and advanced option scanner. Whether you’re looking to trade calls and puts or spreads and condors, there’s a channel for you. They are top notch compared to other stock scanners that are out there.
Therefore, make sure to take our free stock training courses on our website. In fact, we also have a ThinkorSwim tutorial and Interactive Brokers Platform course to help you set up your accounts. The more you learn about these tools within our community the better equipped you’ll be as a trader.
Stock scanners like BlackBox Stocks is another one we use frequently and love. This stock scanner is great for penny stocks, mid cap stocks and options. BlackBox Stocks is all about ease. As a result, their platform is very convenient to use.
They display everything on a single screen. That means you don’t have to go looking through different pages for what you’re looking for. In fact, it’s all right there at your fingertips. Their stock trading scanner alerts you to potential trades using something called High Frequency Trading strategies. In this case, they look at pre-market and post market information coupled with social media. As a result, they pair that with their scans and you’re notified of potential plays.
Black Box Stocks is simple and easy to use as well as convenient. They have a Discord chat room where they’re available to answer any questions you might have, which is helpful if you’re for how to learn stock market trading.
Another great aspect of this scanner is their news feed. They have an all day streaming news feed that’s included in their membership. That means you don’t have to play for a streaming news service on top of scanners. That in and of itself is a great value. They also call out trades they make which is a huge bonus in helping you understand what they see and trade.
Read our BlackBox Stocks Review and receive your Bullish Bears community discount. We’ll show you how to use this stock market scanner live and on our streams. Typically the day trade room is the busiest room for our scanner tools. If you want our hand picked stock alerts, come join our community and have access to real time trades.
Scanners like Benzinga Pro are another tool the Bullish Bears team uses. Benzinga Pro is known for their news streaming service. We know that the stock market is a tug of war between buyers and sellers. As a result, news moves markets. Being able to trade the news is key!
Traders need to be up to date on the happenings of stocks and the market. Earnings, management, news, and quarterly reports can and will have an affect on stocks. Hence why we are big fans of Benzinga Pro.
In fact, Benzinga Pro offers quite a lot. Not only do you get a full news feed, you also get rumors, analyst ratings, economic calender’s and sentiment indicators. In fact, you also get volume and price movers, options alerts and trader floor commentary. You can see that’s quite a lot.
As traders, you know that you have to focus on a lot to make sure your trade is working to plan. You can’t be distracted and that means reading the news. Benzinga Pro has their Benzinga Pro Squawk.
This feature audibly reads out breaking news to you. As a result, you’re not missing anything that could potentially affect trades before they hit the stock scanners. This is great if you’re looking for volatility. We know that day traders are hunters of volatility. Don’t forget, we are speaking to you throughtout the day on our streams, so you’re going to get us plus Benzinga with this tool. Winning!
Having good awareness of potential volatility moves before everyone else give you the edge, and a better entry. Their scanner is another great part of their service. They can either scan by sector or, if left blank, scan for all stocks. If you’re an intraday trader, you can set their scanner to look at intraday time frames and scan accordingly.
Read our Benzinga Pro Review to learn more about what they offer and receive your free trial.
Looking for probably the best fundamental stock screener out there?
You’d be hard pressed to find a better research tool out there. Why? Because they have so many powerful tools in one place. Comparing stocks against other stocks, find the safest plays to invest in. No other website (yes its web based so accessible even on a tablet or phone) evaluates investment opportunities like Stock Rover. They compute fair values and margin of safety as well as warn you about trends (in either direction) that deserve your attention.
Also they score companies for quality, growth, value and sentiment, making it easy to decide what kind of stocks are hot and what are complete flops. As a technical trader, this is a huge value to me because it helps understand WHY people are buying at support OR selling at resistance without doing all the hard fundamental work (research)! Check out our Stock Rover Review.
Looking for stock scanners that don’t cost you a monthly fee? ThinkorSwim scanner has got you covered. They provide their stock scanners free to their clients.
You’ll have access to their charts, which we love, as well as their ThinkorSwim scanner. ThinkorSwim has their own default scans you can use. However, you can also build and customize scans of your own. You’ll also have access to their simulated trading platform.
There you can practice trading based off the tickers you find from the scans. They also have a news section and again their charting is unmatched. This platform is probably one of the most popular platforms to trade from because it’s a one stop shop.
You have access to charting, technical analysis tools, alerts, news, stock scanners, just to make a few all without having to pay an arm and leg. That, in and of itself, makes it great for new traders. Download our free charting e-book.
Many of our community members, when starting out, are looking for more economical platforms. Which is why we’re big proponents of ThinkorSwim. We recommend not spending money on fancy stock scanners until you can afford it. We show how to use TOS everyday in our trading service and in our trade rooms. Many people just use TOS to scan and get by fine. This might be right for you.
Take our ThinkorSwim Tutorial course to learn how to set up your TOS account and ThinkorSwim scanner. We also have several thousand dollars worth of free stock market courses. This particular product is how set setup our watchlist, and it’s our favorite swing trading scanner.
Read our ThinkorSwim Review and learn more about this platform.
FinViz is another great free stock scanner (or get the paid version) you can use and get some great results. This is a browser based scanner. There are many different filters available for you to scan. For example, you can scan for candlestick patterns, RSI, market cap, unusual volume and more. Here’s our free stock scanner for finviz pinch plays.
There is a scan for every style of stock market trading and investing out there. Again all for free. You can even customize scans for yourself and save them as well as share them with others.
They are one of the best free stock scanners.
It has a feature on their home page called a heat map (pictured below). This is separated into sectors and shows you exactly what’s going on in the market currently. You also have access to major news sources and blogs.
Read our FinViz Review to learn more about the tools available to you on their platform as well as sign up and create an account with them.
Bookmark our swing trade watch list page: Stock Watch Lists
TrendSpider is the leader in algorithm trading especially when it comes to technical analysis. Sometimes we can make mistakes on drawing out trend lines and patterns which can cause us to make a bad trade.
TrendSpider combines math and computers to give perfect technical analysis. They have automated Fibonacci Retracements. Which, because of the automation, have pinpoint accuracy. Just think of the edge that can give you as a trader. To have the most accurate profit targets drawn out for you.
TrendSpider also has the ability to recognize candlestick patterns. If you’re a Bullish Bears member then you know how much we love candlestick patterns and their importance when trading. You can choose which pattern to look for and TrendSpider will analyze the chart and highlight it for you.
This platform also allows you to set alerts. A stock market scanner can find you the plays and you can set the alerts to go off when they hit your criteria. In fact, we’ve done a few webinars with TrendSpider, which you can find on our YouTube channel, which goes in depth on how to use their platform. We also you how in our live trading room.
TrendSpider also has back testing, and multifactor alerts now! That means you can be alerted when RSI drops below a certain level and a specific trend line is tested, for example.
That’s right. Our friends at Trendspider have added a pattern and indicator scanning tool. Do you love a good daily hammer candlestick , with oversold RSI levels? Whatever your fancy for setups, trend spider lets you use their default scans and create and edit your own. Be sure to check them out because there isn’t a scanner like this on the market.
Read our TrendSpider Review to learn more about this platform and receive your Bullish Bears community discount.
What Is the Best Free Stock Screener?
How Do You Use a Stock Scanner & Screener?
Stock scanners are important tools of the trade. Many times they can get overlooked when you start out because you’re learning so many other things.
However, stock scanners are great for narrowing down potential plays, saving time, creating an edge or trading system that you can rinse and repeat. In a world filled with hundreds of thousands of stocks to trade they are essential to becoming a profitable trader. We’ll show you how we use our scanners when we stream, so be sure to start a free trial to our trade room today.