Indicators & Scores
Relative Strength (RS)
A momentum measure that ranks how strongly a stock moves relative to the whole market, expressed as a percentile (1–99). Trend Screener computes it with a 40% weight on the last 3 months and 20% each on the 6-, 9-, and 12-month windows. An RS of 99 means the top 1% by momentum.
RS Rating
Relative Strength expressed as a 1–99 rating. William O'Neil recommended narrowing buy candidates to leaders with an RS of 70 or higher — ideally 80–90 and above.
Industry Relative Strength (Industry RS)
A 1–99 score for a sector or industry group, combining the market-cap-weighted trend strength of its members with breadth (the share of strong names). It is used to rank industries from strongest to weakest.
Breadth
The share of stocks within a group (market or industry) that are in a strong — or rising — trend. For the same average, higher breadth means the advance is spread broadly rather than concentrated in a few names.
Trends & Patterns
Trend Template
Mark Minervini's criteria for identifying a Stage 2 uptrend, made up of 8 conditions such as a proper moving-average alignment, proximity to a new high, and relative strength. A stock that passes all of them is shown as 8/8 in the table.
Stage 2 Uptrend
In Stan Weinstein's stage analysis, the phase of sustained advance that follows a base (Stage 1). It refers to the period when price makes new highs above a rising moving average.
Proper Moving-Average Alignment
Shorter moving averages stacked above longer ones in order (e.g., 50-day > 150-day > 200-day). It signals that the trend is aligned to the upside.
VCP (Volatility Contraction Pattern)
A pattern in which, through pullbacks within an uptrend, the swings between lows and highs progressively narrow (e.g., 25% → 12% → 6%) and volume dries up. It is read as supply being absorbed while energy coils just before a breakout.
Pivot Point
The breakout price at the end of a base (such as a VCP) where buying demand concentrates. The entry is taken when price clears this level on rising volume.
New High (52-Week High)
The highest price over the past 52 weeks. Leaders often keep advancing as they set new highs, so the Trend Template requires the current price to be within 25% of the 52-week high.
Trading Strategy
CAN SLIM
The acronym for William O'Neil's growth-stock investing model. Its 'L' (Leader or Laggard) distinguishes leaders from laggards, and its key quantitative measure is the RS Rating.
Leader / Laggard
Leaders are the strong stocks that lead a market or industry; laggards trail the average. For the same setup, a leader's breakout has a higher success rate, while a laggard's breakout often ends as a fake breakout.
Breakout
Buying when price clears a base, a new high, or a pivot on rising volume. The success rate is highest when applied to high-RS leaders.
Pullback
Buying when a leader in an uptrend temporarily pulls back to support such as the 10-, 20-, or 50-day moving average. The stop sits close by, so risk is small while the rebound potential is large.
Fake Breakout
A failed breakout that appears to clear a new high or resistance but cannot follow through and falls back. It occurs more frequently in laggards.
Data
Confirmed Daily Bar
A single day's OHLCV bar whose close is finalized after the market closes. All of Trend Screener's calculations run once a day on confirmed daily bars, free of intraday noise.
Liquidity Filter
An optional filter that shows only stocks whose average volume over the last 50 trading days is at least 500,000 shares. It is separate from the pass (8/8) determination.