This CAN-SLIM Finviz Scan for Day Trading Strength is based on the principles used by William J O’Neil’s stock picking system. This scan looks for stocks on the rise with good fundamentals
C – Current Quarterly Earnings
A – Annual Earnings Growth
N – New Product or Service
S – Supply and Demand
L – Leader or Laggard
I – Institutional Sponsorship
M – Market Direction
CAN-SLIM Finviz Scan
First requirement is the price must be trading above the 20, 50 and 200 Simple Moving Averages. Earnings per share Quarter to Quarter must be up by 5%. Stocks in an uptrend with Range, strong Sales Growth and increasing Institutional Ownership are likely to continue trending higher.
If you’d like to learn more about the CAN SLIM system, I’d recommend starting with How to Make Money in Stocks by William J O’Neil. He’s the person who invented the CAN SLIM system so who better to learn from?
Click on the link to view more Finviz Stock Scanners.