Locating the day’s top stocks in the market has never been easier due to stock screeners from Barchart.com. Not only are rate stocks based on fundamental and technical parameters, but they also help separate the best performing stocks from the rest. Barchart.com offers a unique stock screener that ranks several thousand stocks traded on the NYSE, NASDAQ, and AMEX each day by providing an opinion rank for each stock. The opinion rank is developed from a combination of signal strength and direction.

Signal strength is assigned points on a scale from 10 to 50. Direction is ranked on a scale from 1 to 5 points. Thus, a maximum of 55 points can be assigned per signal. The totals added will be ranked from 1 to 100 based on buy, sell, or hold ratings assigned to each stock for the top 100 stocks and the bottom 100 stocks. The top stocks can be easily separated from underperformers. Live stock quotes can help monitor this in real time.

Typically, most stocks traded on the NYSE, NASDAQ, or the AMEX can be ranked by the above process. The ranking system applies to stocks that have a price range from $2 to $1000. The daily traded volume should exceed 10,000 shares. To be ranked under the above system OTC bulletin board stocks must be priced above $0.25 and must trade more than 10,000 shares. Unit investment trusts, closed end funds, warrants, preferred securities, and non-SIC classified stocks cannot be ranked by the above process.

Once a list of stocks are generated and assigned bullish or bearish ranks, Barchart.com gives the user the ability to set up and track these stocks with live stock quotes in a portfolio tracker. One could set up bullish and bearish portfolios based on the signal ranking system, and then compare the performance of the top stocks and underperformers with live stock quotes.

Additionally, exhaustive charting is available on every stock symbol in Barchart.com’s database that is comprised of over 2000 symbols. Available are the daily open, high, low, and closing price changes of an underlying security. Volume numbers for each day are provided in a display box above the chart. Each data point on the chart can be viewed by clicking and pointing a mouse through the chart. Additional information displayed on the chart includes results of studies, stock splits, dividends, and earnings data. To become a member and create a portfolio, please visit www.barchart.com.

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