Best Stock Screeners and Scanners For Day Trading

Trade Ideas is an excellent platform for swing or day traders who love taking on new opportunities. Being vast, new users can find it hard to understand the platform. Additionally, many traders are good at analyzing technical data but can't comprehend complex data quickly, yet time is of the essence in trading. But thanks to AI inclusion, the platform users get instant suggestions and relevant data for convenient trading.

The comprehensive charting features of Trade Ideas make it stand out. The capability of users to open/view up to 20 different charts simultaneously is beneficial for traders to analyze and compare assets. It's also easy to adjust the timeframes of your search from shorter (minutes) to longer (months or years). Also, the wide range of technical indicators helps traders to customize charts for detailed analysis.

Traders can use the pre-built stock scans or use customizable ones for efficient results. With the unique odds maker backtesting tool, traders can past-check the effectiveness of a specific strategy before trying it out. Notably, the site only deals on Canadian and US-listed stocks. Trade Ideas has no free plan; it has a standard one of $84/month and a premium plan of $167/month. 

TradingView's powerful stock scanner and technical analysis function make it a go-to stock screener for many traders. Users get data tradable assets, including ETFs, OTC shares, and stocks, making their selection process easy. The technical analysis features include custom indicators and different timeframes.

The social community network for traders on the platform allows them to share charts and ideas on improving their trading strategies. TradingView has a charting interface with features like stock screener, financial data, trading volume, test trading strategies, and alerts. The results of each search are viewable in a table format for easy sorting or further filtering. 

Any drawbacks encountered during the data search may be due to information overload. In this case, you can't include custom indicators such as S&P500 relative chart in the scan. Beginner traders can use the 30-day free trial option to try the platform before subscribing to the $12.95 up to $14.95 monthly subscription plans.

Whether you would like to research the fundamental aspects of a company or look into technical issues like stock charting, Zacks will do that for you. You can choose your most relevant stocks from the multitude of selection criteria as per your search criteria. Alternatively, you can use the excellent predefined stock screens to search for specific companies that meet your trading strategies. 

Zacks's unique ranking algorithms help provide insights into current dividend income data, stock price strength, and fundamental data analysis. It is available in over 200 countries, and its users can trade on over 90 international market exchanges. This explains why the platform is great for active traders, options traders, and investors interested in foreign stock exchanges. 

While Zacks doesn't have a free plan, it has a 30-day free trial period, and if you don't like it, there's a 90-day money-back guarantee. However, the free version displays content based on past performances and can prove hard to keep up with current market trends. The premium Zacks plan costs $249 annually, while the ultimate plan is $2,995 per year.

The Seeking Alpha stock analysis website is ideal for investors who want crowdsourced opinions on OTC and listed stocks, mainly in the United States. Users are free to contribute views and research articles, while readers can also freely comment. In addition to user-generated research, the platform rates stocks based on Wall Street analysis, aggregate contributors' ratings, and its quantitative rating.

Depending on the above aspects, the site assigns grades and ratings for each stock from 1 to 5. Other factors like momentum, growth, value, profit rate, and EPS revisions are graded from A to F.  Despite all these ratings, Seeking Alpha doesn't include filters for technical analysis and price action. Therefore, the platform isn't great for traders interested in technical analysis of market metrics.

There are three pricing options: basic (free), premium, and pro. The three payment plans make Seeking Alpha suitable for beginner and expert traders. The basic version offers users limited access to specific specs. The premium plan costs $239 annually and provides all screener ratings, data ratings, and user-generated research ideas. Finally, the pro plan, which costs $499 annually, grants access to exclusive interviews, top ideas, and newsletters.

TC2000 has, for over 20 years, tirelessly offered traders excellent stock scanning and screening services. It includes a trading platform, charting, and a stock filter covering options and ETFs. Users can access the platform through a desktop application, browser, or mobile app. The platform is popular among day traders as it helps them manage charts, order positions, and use the market scanner on a single page. 

You can customize the screening criteria and lay it on top stock charts to make visual charts. This charting capability makes TC2000 exceptional from other stock screeners. There's also an option for you to modify alerts to get timely updates after the proper alignment of your custom combination. 

The platform is user-friendly and thus great for beginner traders. Moreover, they can use the free version and then proceed to the premium one for $10 per month, which is still lower than most stock screeners on this list. Users can also use this web-based platform by installing its robust mobile app.

BlackBoxStocks provides swing and day traders with the best technical analysis tools for efficient trading. Some primary features include live streaming, trade alerts, live discord, dark pool data, and a robust stock/options scanner. Traders have a choice of scanners: options flow scanner, premarket/post-market scanner, automated trading scanner, and dark pool scanner.

In the morning, the premarket scanner shows you the biggest market movers on NASD/NYSE. On the other hand, the options scanner analyses the data to display real-time market trends. The dark pool scanner is an advanced tool that dives into mysterious markets and gives related timely results.  

The volatility indicator is handy for monitoring the movement of stocks or options. Moreover, the Alert Logs Volatility tab is helpful for guidance on directions, market actions, stock trends, etc. Traders can use the uncensored social community platform to engage with other traders. BlackBoxStocks subscription plans are $99.97 monthly and $959 annually.

FINVIZ is a platform that's primarily known for its stock screening capabilities. However, it doesn't only offer stock screening; it also provides other financial market visualization features like forex, backtests, features, and crypto. The FINVIZ platform's ability to incorporate technical, descriptive, and fundamental analysis helps traders get a quick overview of current market trends. 

Other notable features include heat maps, news, insider trading, economic calendars, and data summaries of their performance. Though the interface layout can seem busy to new users, it's easy to master. Though FINVIZ has no mobile app, users can access the website from any device.

This stock scanner helps traders scan thousands of US-listed stocks to a few of the best stocks they can buy or sell. Traders can use either the free or paid version of FINVIZ, which is a plus for new users who want to try it. The paid version, FINVIZ Elite, has a monthly subscription plan of $39.50 and $299.50 per year. Premium users get data on real-time stock prices, backtesting, and customizable screener settings. 

This popular scanner is ideal for buying and holding stock traders into long-term investments. The screener in-cooperates 140 preset scans, although users can customize their scans featuring about 500 metrics.

Besides fundamental analysis, the site has tools that deal with portfolio management. You can link the tools to all your brokerage accounts to help balance and analyze your portfolio. 

The free plan includes data analysis and portfolio management tools but no scanner. An essentials plan of $7.99/month is limited to a scan of 250 metrics and some essential data analysis tools. A premium plan of $17.99/month, exports data, includes multiple metrics charts and scans using over 350 metrics. 

As per the price plans above, it is inarguable that Stock Rover is the best stock screener for traders interested in dividend and value investing. Similarly, the subscription costs are on the lower end, thus making it the best fit for investors interested in a budget-friendly site that still offers quality data. 

Conclusion

Aspiring, intermediate, and expert investors are always looking for ways they can use to remain on top of the game. Stock screeners are vital tools investors can rely on to suit their long-term and short-term goals.

With the above diverse stock screener options, investors can confidently venture into stock trading. The main pointers to look for when searching for the best stock screeners are the features, pricing, and simplicity of use.