search Stock Scanner Guide

infoOverview

The Stock Scanner is your primary tool for discovering trading opportunities. It scans 3,830+ NASDAQ stocks in real-time using 115+ active stock strategies to identify stocks that match specific technical criteria.

Key Features

• 115+ Active Stock Strategies: Choose from momentum, breakout, value, reversal, and more
• Real-Time Data: Get the latest market data powered by Finnhub and Finviz APIs
• Multi-Strategy Selection: Combine multiple strategies to find the best opportunities
• Advanced Filtering: Filter by price range, volume, signal strength (including Strong Buy), and more
• Smart Strategy Filtering: Only active, stock-focused strategies are shown in the scanner
• Multi-Asset Ready: Strategies are categorized by asset class (stocks, options, futures, crypto, forex)

play_arrowGetting Started

Step 1: Select Your Strategies

Click the "Select Strategies" button to open the strategy selector. You'll see 115+ active stock strategies organized by category:

• Momentum: Stocks with strong price movement and trend continuation
• Breakout: Stocks breaking through key resistance levels
• Value: Undervalued stocks based on fundamental metrics
• Reversal: Stocks showing signs of trend reversal
• Volume: Unusual volume spikes indicating institutional activity

Step 2: Run the Scan

After selecting your strategies, click "Run Scanner". The scanner will:

1. Download the latest NASDAQ ticker list (3,830+ stocks)
2. Fetch real-time market data for each stock
3. Apply your selected strategy criteria
4. Calculate signal strength and confidence scores
5. Display results sorted by signal strength

Step 3: Review Results

Scan results show key information for each qualifying stock:

• Ticker Symbol: Stock identifier (e.g., AAPL, TSLA)
• Company Name: Full company name
• Price: Current stock price
• Change %: Price change percentage for the day
• Volume: Current trading volume
• Signal Strength: Overall quality score (0-100)
• Matched Strategies: Which strategies qualified this stock

tuneAdvanced Filtering

Price Range Filter

Filter stocks by price to match your budget and trading style:

• Penny Stocks: $0 - $5 (high risk, high volatility)
• Small-Cap: $5 - $20
• Mid-Cap: $20 - $100
• Large-Cap: $100+ (more stable, lower risk)

Volume Filter

Filter by trading volume to ensure liquidity:

• Minimum Volume: Set a minimum daily volume (e.g., 500K shares)
• Why it matters: Higher volume = easier to enter/exit positions

Signal Strength Filter

Filter by signal quality using the dropdown above the scanner or in the table column:

• Strong Buy: Highest confidence signals (recommended for new traders)
• Buy: Good quality signals with solid fundamentals
• Hold: Neutral signals, review carefully before trading
• Sell: Weak or negative signals, consider exiting positions

categoryPopular Strategy Categories

1. Momentum Strategies

Identify stocks with strong upward or downward momentum:

2. Breakout Strategies

Find stocks breaking through resistance levels:

3. Value Strategies

Discover undervalued stocks with strong fundamentals:

4. Reversal Strategies

Catch trend reversals early:

buildTaking Action on Results

1. Add to Watchlist

Click the star icon on any stock to add it to your favorites/watchlist for ongoing monitoring.

2. Analyze with AI

Click the "Analyze" button to get deep AI-powered analysis including:

• Technical analysis and chart patterns
• Fundamental metrics and valuation
• Risk assessment and stop-loss recommendations
• Price targets and entry/exit strategies

3. Paper Trade

Practice trading risk-free by opening paper trades based on scanner results.

4. Qualify Strategy

Use the Strategy Qualifier to verify if a stock meets specific strategy criteria with custom parameters.

help_outlineUnderstanding Signal Strength

Signal strength is calculated based on multiple factors:

Factors That Increase Signal Strength

• ✅ Stock qualifies for multiple strategies
• ✅ High relative volume (above average)
• ✅ Strong price momentum
• ✅ Low volatility (more predictable)
• ✅ Meets criteria with large margins (not borderline)

Factors That Decrease Signal Strength

• ❌ Only qualifies for 1 strategy
• ❌ Low volume (illiquid stock)
• ❌ High volatility (unpredictable price swings)
• ❌ Barely meets criteria (borderline qualification)
• ❌ Recent gap down or major news event

analyticsTechnical Signal Requirements

ManiBot uses technical signals to determine if a stock qualifies for specific strategy types. Each strategy type has its own ideal signal ranges:

Key Technical Signals

• RSI (Relative Strength Index): Momentum indicator (0-100). Below 30 = oversold, above 70 = overbought
• ATR Percentile: Volatility ranking compared to history. Higher = more volatile
• Relative Volume: Today's volume vs 20-day average. 2.0x = twice normal activity
• Market Regime: SPY position relative to 50/200 day moving averages
• VIX Level: Market fear gauge. Low (<15), Elevated (15-25), High (>25)

Signal Requirements by Strategy Type

• Momentum: RSI 50-75, ATR >50th percentile, SPY above 50 DMA
• Breakout: RSI 45-70, ATR >60th percentile, Volume >1.5x average, SPY above 50 DMA
• Mean-Reversion: RSI 20-40 (oversold), ATR >40th percentile, SPY mixed or above
• Squeeze: RSI 40-65, ATR >30th percentile, High short interest (>15%), Days to cover >3
• Swing: RSI 40-70, ATR >50th percentile, 7+ days to earnings
• Scalp: RSI 35-75, ATR >70th percentile, Volume >1.2x average

Qualification Scores

Stocks receive a qualification score (0-100) based on signal alignment:

• 80-100: Strong qualification - excellent signal match
• 70-79: Good qualification - solid strategy fit
• 50-69: Weak qualification - partial criteria met
• Below 50: Does not qualify for strategy

tips_and_updatesPro Tips for Better Scans

1. Combine Complementary Strategies

Mix different strategy types for better confirmation:

• Momentum + Volume = Strong institutional buying
• Value + Reversal = Undervalued turnaround plays
• Breakout + Momentum = Explosive upside potential

2. Time Your Scans

• Morning (9:30-10:30 AM): Catch early movers and gap-ups
• Midday (11:00 AM-2:00 PM): More stable data, less volatility
• Power Hour (3:00-4:00 PM): Late-day momentum plays

3. Set Realistic Filters

• Don't filter too tightly - you might miss opportunities
• Start broad, then narrow down based on analysis
• Adjust filters based on market conditions

4. Review Historical Performance

Some strategies work better in different market conditions:

• Bull Markets: Momentum and breakout strategies shine
• Bear Markets: Value and reversal strategies perform better
• Sideways Markets: Range-bound and volatility strategies work well

error_outlineTroubleshooting

No Results Found

Possible Causes:

• Your filters are too restrictive
• Market conditions don't match selected strategies
• Selected strategies have very strict criteria

Solutions:

• Broaden your price range filter
• Lower minimum volume requirements
• Try different strategy combinations
• Remove signal strength filters

Scan Taking Too Long

This is normal! Scanning 3,830+ stocks with real-time data takes time (typically 10-30 seconds). The scanner is:

1. Downloading NASDAQ ticker list
2. Fetching live market data
3. Running calculations for each strategy
4. Sorting and filtering results

Demo Mode Warning

If you see demo data, it means:

• API rate limits have been reached
• Market is closed (data may be delayed)
• API keys need to be configured

Demo data is for illustration only - don't make trading decisions based on it!