Stock screener settings Reddit asks about: free screens that work

A useful screen starts with liquidity, then adds the setup. Require a minimum price and average volume first, so you only see stocks you can trade cleanly. Then add the signal: relative volume above 2 for movers, a gap above 3% for gap plays, or price near a 52-week high for breakouts.

Open the stock screener

Three starter screens

Movers: price above $5, average volume above 1 million shares, relative volume above 2.

Gap plays: the same liquidity filter, plus a gap of more than 3% from yesterday's close, checked before the open.

Breakouts: price within 3% of the 52-week high, above its 50-day average, with rising volume.

Why screens find junk

Without a liquidity filter, the biggest percentage movers are usually thin, low-priced stocks with wide spreads. They look exciting on a screen and are hard to exit. Liquidity first, signal second.

Questions

What is relative volume?
Today's volume compared with its usual volume at the same point in the day. Above 2 means twice the normal activity.
What is the best free stock screener?
One that lets you filter on liquidity and relative volume and save the screen. Obelion's screener is free to start.
Should I screen before the open?
For gap plays, yes. For intraday movers, run it again after the first 15 to 30 minutes, when relative volume settles.

Related

For education only, not financial advice. See the disclaimer.

Stock Screener Settings Reddit Traders Ask About: Free Screens That Work | Obelion