Scanner for stocks trading in a range

Hi everyone,

I'm looking into day trading stock which are on a side wards trend, keeping in a range fairly good.

(something like #PRZO today, trading between $1.16-1.26 range, several times)

How do I find such a stock on a daily basis, without scrolling endless charts.

Any scanner for that available ??? (preferably on TradingView)

Thanks for the help

 

Trade-ideas(.com), TrendSpider(.com), FinViz(.com), Scanz

 

Could you guide me how to set up the FinViz screener for example ?

 

I don't use MA's, I mean really flat stocks, not in upwards or downwards trend range.

 

You can do just about anything with TC2000.

 

dude got ai?


To find stocks that are trading in a sideways or range-bound pattern on a daily basis, you can use a stock screener or scanner on TradingView. Here's a step-by-step guide on how to do it:

1. Go to TradingView: Log in to your TradingView account if you have one. If you don't have an account, you can create one for free.
   
   
2. Access the Screener: Once you're logged in, go to the "Screener" tab. You can usually find this at the top of the TradingView platform.
   
   
3. Set Your Criteria: In the screener, you can define specific criteria to filter stocks that are in a sideways or range-bound pattern. Here are some criteria to consider:
   
   • Price Range: Specify the price range that you're interested in, for example, between $1.16 and $1.26 as you mentioned for #PRZO.
   • Average Daily Volume: You may want to set a minimum volume requirement to ensure liquidity.
   • Volatility: Look for stocks with lower volatility, as they are more likely to trade in a range.
4. Technical Indicators: You can also use technical indicators to filter stocks. For range-bound trading, you might want to consider using indicators like Bollinger Bands or Average True Range (ATR). For example, you can screen for stocks where the Bollinger Bands have recently contracted, indicating a period of consolidation.
   
   
5. Save Your Scanner Criteria: After setting your criteria, you can save the scanner setup for future use.
   
   
6. Run the Scanner: Click the "Scan" or "Find" button to run the scanner. It will provide you with a list of stocks that meet your specified criteria.
   
   
7. Analyze the Results: Review the list of stocks that the scanner generates. These are the stocks that fit your range-bound trading criteria. You can then perform further analysis on these stocks, such as looking at their charts and additional technical indicators to confirm the sideways trend.
   

Remember that while a scanner can help you identify potential candidates, you should still perform thorough research and analysis on each stock before making trading decisions. Additionally, make sure to adapt your criteria as market conditions change. TradingView offers a flexible and powerful screener tool that should be helpful in your search for range-bound stocks.

 

So you think a stock that has just been hit with a catalyst (PRZO) is a good candidate for trading in a "range"? Good luck with all that.

 

then clicking on the "Change" tab in step (4), then scroll down to the middle section where Finviz has sorted the stocks that have minimal gain/lose around the zero line, then you may find the stocks that have been range-bound.