The volume-weighted average price (VWAP) is an indicator that is frequently used by day traders. By taking trading volume into account throughout the trading day, VWAP is able to inform potential buying and selling levels. VWAP can be used on its own or as part of a...
Bollinger Bands are a widely used technical indicator that can help identify trends and serve as an indicator of volatility. There are a number of trading strategies that use Bollinger Bands to identify entry and exit points, either as the primary trigger or as a...
Screening stocks based on fundamental metrics can be a good way to improve the quality of your scans and complement an existing technical trading strategy. With fundamentals, traders look not just at how a company’s stock is performing, but also how the company itself...
The NASDAQ is home to some of the most important growth stocks in the market today. So, it makes sense that you might want to focus your trading efforts specifically on this exchange. With Scanz, you can target your screens to search only for stocks on a specific...
Exchange-traded funds (ETFs) are extremely popular assets that enable traders to gain exposure to an entire asset class or market sector in one trade. ETFs reduce your risk relative to trading a single company’s stock, but they do so largely without taking away from...
Trend following is one of the most basic, and yet most profitable strategies that traders can use when the market is going strong. With the trend following, you profit simply by jumping on the bandwagon with other traders. How can you use Scanz to identify trend...
A stock screener is one of the best tools that traders have to identify new trading opportunities and potentially profitable setups. Technical stock screeners allow you to filter stocks according to many of the same price-dependent technical indicators that you would...
While the majority of traders are looking for bullish opportunities, you can also profit off of downturns in a stock or the broader market by shorting. While shorting is risky, it can pay off since there generally aren’t that many traders looking for short...
Traders who are willing to take on more risk in exchange for potentially greater profits can find a world of opportunities in low float stocks. Stocks with low float are extremely responsive to news, changes in demand, and market-wide trends. When traded correctly,...
Penny stocks present an overlooked and potentially extremely lucrative opportunity for day traders. While these types of stocks present their own set of hazards, such as low liquidity and often murky company fundamentals, cautious traders who know what to look for can...
