Stock screeners, like MarketClub’s Smart Scan, are a crucial tool for any technical trader.
Not only do they help you avoid thousands of undesirable markets, but they can quickly spot important technical setups that would have otherwise gone unseen.
Using screeners to spot stocks on the verge of a breakout is easy with MarketClub. This short video below will show you how to create a breakout watchlist with our Smart Scan screener and profit from stocks ready to pop.
Stock Screener for Breakout Patterns
Our Sidelines (55) scan is looking for charts that are waiting for a strong, long-term trend to develop. The price action is often stuck between a thin layer of support and resistance.
This scan looks for markets (stocks, ETFs, futures, or forex) that are ripe for the picking and are waiting for a monthly Trade Triangle. This new signal will suggest that a new and stable trend is in place.
Suggested Filters for Sidelines (55) Scan
- Select “Sidelines 55” from the scan list.
- Set Filters
- View as Line Chart
- Price Greater Than $20
- Volume Greater Than 2,000,000
- U.S. Exchanges
- Hit SCAN
MarketClub’s Smart Scan will crank out a condensed list of potential breakout stocks with charts that match your technical scan criteria.
Once you peek at these charts, you can then add them to your watch list. Then, set an alert so you receive a message when a new monthly Trade Triangle is triggered and a stable trend is established.
Our powerful stock screener quickly reviews thousands of stocks every moment to find you the best trading opportunities. From the strongest trends to new potential breakouts – we make technical analysis quick and easy!