Methodology
How the 10 checks work
screenmytrade runs a fixed checklist against a US stock and reports how many of 10 technical conditions it currently meets. The checklist never changes, the math is identical for every visitor, and nothing about it is personalized. It is a measurement — not a recommendation, a price target, or a prediction of returns.
What the count is
A factual sum: how many of the 10 checks below pass right now, computed once per day from end-of-day market data. Each check is a yes/no condition on public price and volume. Nine describe the stock itself; one describes the broader market. They are weighted equally and presented identically.
What the count is not
- Not advice, and not a signal to buy, sell, or hold anything.
- Not a price target or a forecast of future returns.
- Not a ranking of “better” or “worse” stocks — a high count is not an endorsement.
- Not personalized — the same stock returns the same count for everyone on a given day.
More checks passing does not imply higher returns. The count describes present conditions; what you do with it is your decision.
The 10 checks
- 01 Market trend rising Market
Whether the S&P 500 is above its short-term average — a market-wide condition derived once per day.
Changes state for every stock at once when the broad market crosses its short-term average.
- 02 Long-term trend rising Trend
The 50-day average price now versus 10 sessions ago.
Holds only while the 50-day average is higher than it was 10 sessions ago.
- 03 Pulled back to support Trend
Whether price touched its 21-day average within the last 3 sessions.
Changes state once price has not revisited the 21-day average for more than 3 sessions.
- 04 Holding above short-term average Momentum
The latest close relative to the 9-day average price.
Changes state when the close moves to the other side of the 9-day average.
- 05 Not overextended Momentum
Count of consecutive up-close days immediately before today.
Holds only while there are fewer than 2 consecutive green days.
- 06 No recent earnings miss Momentum
Presence of a high-volume gap-down consistent with an earnings miss in the last 30 sessions.
Changes state when such a gap-down is detected within the window.
- 07 Outperforming the market Relative strength
20-day price change of the stock minus the 20-day change of the S&P 500.
Holds only while the stock leads the S&P 500 over the trailing 20 sessions.
- 08 Stop distance within range Risk
Distance from price to a recent-swing-low stop, as a percentage of price.
Changes state when that distance moves outside the 2%–8% band.
- 09 Adequate stop room Risk
Stop distance expressed in ATRs (average true range).
Changes state when the stop sits closer than 1 ATR from price.
- 10 Quiet pullback volume Volume
Latest volume versus its 20-day average, against a threshold that adapts to volatility.
Crosses when volume moves past the volatility-adjusted threshold.
How it is computed
- Once per day, after the US market closes, against end-of-day price and volume data.
- The same fixed checklist for every stock — no tuning per ticker, no discretion.
- Public market data only; the result is a mechanical pass/fail per check.
- When the broad market is below its short-term trend, the market check fails for every stock at once — so on those days no stock can read 10 of 10.
What this tool does not do
The checklist scores entry conditions only — whether a stock currently sits in a particular technical setup. It does not tell you when to exit, how much to size a position, or how one setup ranks against another. Those judgments are yours. screenmytrade reports the conditions; it does not manage a trade.