Momentum Stocks

Momentum Stock Scanner & Screen

We provide a list  of the 100 highest-momentum stocks.  Price Momentum surges, especially if accompanied by volume surges often precede a significant move.  We rank stocks by the magnitude of their momentum.  The top 100 are selected and displayed.  The measurement period used here is 10 days.  The idea is that these stocks have recently surged.  Look at the chart of a stock to see the context of the surge.  Watch for overhead resistance.  Also, if the stock spikes up and then trades in a flat very narrow trading range, check to see if it is the target of a merger.  We usually ignore such stocks because we view them as having limited gain potential for the amount of risk involved.  

NOTE; Our personal preference leans toward stocks that show a smooth rising pattern rather than a sudden spike.  Often, stocks with smoother rising patterns are lower on the list.  Also, we tend to avoid stocks that have frequent downward spikes, even if the stocks have a robust rising pattern.  There are traders who like to sell enough shares to trigger stop loss orders.  When those orders are triggered, the price of the shares takes a hit.  Then those traders will buy up the shares of the stocks they previously sold (because the price is now lower) in order to capture a small profit when the stock recovers.  If we see that a stock has frequent downward spikes, we will avoid it because the pattern shows that stops are often triggered unnecessarily. 
It is important that you personally check the average and daily volume of a stock before investing in it (we cannot do that for you).  Many experienced investors and traders will not buy more than 1% of a stock’s daily share volume. They feel that will enable them to sell more easily (and without influencing price).  

We have added two headings for these lists.  The first is “5×20” and the second is “4x9x18.”  These columns are for the signals generated by the Donchian and R.C. Allen systems respectively.  For example, the 5-day moving average has just crossed above the 20-day moving average, an upward pointing arrow “” will be displayed under “5×20,” the column for the Donchian system, and if the 5-day moving average has just crossed below the 20-day moving average, a downward pointing arrow “” will be displayed in that column.  Similar arrows are displayed for the signals generated by the R.C. Allen system in the 4x90x18 column.  Use the “R.C. Allen Alerts” link on the left side of your screen (the eighth tab) for more information on these alerts.

If the letters “ORD” are at the end of a stock’s name, it means “Ordinary” and it is the same as “Common.”  All stock shares in our lists are common shares.  We show only the first 24 characters of the names.

If you have obtained a free password, you can get the latest list here.