What Is A Stock Screener?

Disclaimer: financial information is not financial advice. This post is for informational purposes only.

A stock screener is a software tool that stock traders use to apply a set of filters to sift through a dataset of stocks and find stocks that meet a trader's search criteria.

At Stocksift, our stock screener contains several sets of filters that we group by type. One such set of filters are descriptive filters, which are filters that let you narrow our dataset of 9,500+ stocks by grouping of category types.

A sample of our available descriptive filters include:

• Exchange (e.g., NASDAQ, NYSE, NYSE, etc.)
• Asset Class (e.g., American Stocks, Canadian Stocks, ETFs, etc.)
• Market Cap. (e.g., Mega, Large, Mid, etc.)
• Sector (e.g., Technology, Healthcare, etc.)

The descriptive filters help you find the stocks within a category or group, such as all stocks that are in the technology sector.

Using descriptive filters helps a trader quickly narrow down their search and more efficiently find the type, category, or class of stock that they want to trade.

Stock Screener Filter Types

In total, our stock screener offers the following filter types:

• Descriptive filters
• Fundamental indicator filters:
  • Metrics (value and growth)
  • Balance sheet
  • Cash flow statement
  • Income statement
• Technical indicator filters:
  • Trend
  • Volume
  • Momentum
  • Volatility
• Candlestick pattern filters:
  • 1-5 line candlestick patterns
  • Pattern confirmations (positive signals)
  • Pattern fakeys (false signals)
• Price action filters:
  • Price
  • Performance
  • Trend
• Dividend filters

Conclusion

Use filters to quickly and efficiently screen for stocks.

Our stock screener is free to use and we recommend using it to gain a better understanding, firsthand, of what a stock screener does and why it is useful.