This screens finds potential Breakout setups in High Growth Momentum stocks. At the same time it demonstrates the power of the ChartMill Rating by just using 3 filters: we find stocks which are high growth stocks (HGM rating above 6), with decent technicals (TA rating above 7), which show a setup pattern (setup rating above 7).
This article describes our CANSLIM base screen.
The criteria described by Martin Zweig find growth stocks at reasonable prices, also known at the GARP style. We will discuss the rules of the stock screener in this article.
When focusing on high-growth stocks, understanding the concept of EPS and Sales Acceleration is crucial.
A stock screener based on the rules and strategy described in the book "The little book that makes you rich", by Louis Navellier.
The ChartMill High Growth Momentum Rating evaluates different aspects of a high growth momentum stock and summarizes it into a single rating
An overview of the best stock screener filters, settings and criteria for Growth Investing
A description of the fundamental filters related to stock growth, like EPS and revenue growth.
An overview of the investment rules and strategy by Peter Lynch as described in the book One Up On Wall Street and the implementation in the stock screener.
Stocks that are expected to grow significantly faster than their sector peers and the overall market average are considered growth stocks. Investors who invest in growth stocks do so specifically because they expect the price of the stock to rise exponent
Mark Minervini, two-time U.S. Investing Champion, uses a strategy that combines both technical and fundamental analysis with tremendous attention to risk management as the key to long-term success.
Making Extraordinary Profits from Ordinary Shares
Mark Minervini Strategy to Achieve Superperformance in Stocks in Any Market
Growth stocks with strong quarterly earnings and revenue results are popular among swing traders, especially when the results are (much) better than what analysts expected. ChartMill allows you to specifically screen for stocks with such earnings or revenue surprises. In this video I show you exactly how to do that.
Finding High Growth Market Leaders is a popular strategy. However, spotting these specific stocks is not easy. In this video, I show you how to quickly and accurately create a basic first list of stocks to consider using the O'Neill CANSLIM Trading Idea by ChartMill. The parameters used come from the book "How to Make Money in Stocks: A Winning System in Good Times and Bad" by William O'Neil. The book was first published in 1988 and has been revised repeatedly since then. In the book, fundamental criteria are used to determine which stocks meet the requirements, technical criteria combined with a general analysis of market direction further determine when to buy the stock.
"One Up on Wall Street" is a highly regarded investment book written by Peter Lynch, a renowned investor and former fund manager. Published in 1989, the book provides valuable insights into Lynch's successful investment strategies and offers guidance on how to identify profitable investment opportunities.
The Little Book That Makes You Rich is a beginners guide to investing in the stock market, with a focus on growth investing. The author, Louis Navellier, provides a framework for identifying and investing in high-growth companies, and offers insights on how to build a diversified portfolio. The book also includes information on market trends and strategies for managing risk. It is one of several books Navellier has written on investing and personal finance. ChartMill has translated the rules in the book into a trading idea that allows you to look for stocks that meet the selection criteria.
Growth Stocks are expected to grow significantly faster than their sector peers and the overall market average. Investors who invest in growth stocks do so because they expect these companies to become the next industry leaders, allowing for large exponential price gains.
The High Growth Momentum Rating Filter This new filter is designed to help you identify stocks with outstanding growth potential by analyzing key performance indicators.
The High Growth momentum rating should be at least 6, filtering for stocks with decent EPS and Sales growth
The Setup rating should be at least 7, filtering for setup patterns
The TA rating should be at least 7, keeping only stocks with strong technicals
Showing support and resistance and volume profile + the earnings table
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.