Searching for the ultimate guide to best stock scanners? You just landed on the right page… Let me introduce you to Finviz, a powerful platform designed to revolutionize how you discover market opportunities. Whether you’re hunting down breakout stocks for your day trading play or analyzing longer-term trends, this comprehensive guide will walk you through everything you need to know.

I know how frustrating it can be to sift through endless data feeds and outdated tools just to find a handful of promising setups. That’s precisely why I’ve turned to Finviz over the past few years—and seen my screening process go from hours of manual work to minutes of pinpoint accuracy. With real-time quotes, advanced charting, backtests, and instant alerts, Finviz has become the go-to choice for traders of all stripes. And best of all, you can Get Started with Finviz for Free Today with no commitment.

What is Finviz?

Finviz is an advanced stock screener and market intelligence platform that empowers traders and investors to efficiently identify, analyze, and act on market opportunities. Built around an intuitive interface and robust filtering options, Finviz transforms raw market data into clear, actionable insights. By combining real-time quotes, technical indicators, fundamental metrics, and heat maps, it streamlines the research process so you spend less time digging and more time trading.

At its core, Finviz aggregates data from global exchanges and breaks down complex datasets into user-friendly visuals and customizable screens. Whether you’re using screeners to find undervalued small-caps, sorting for high-volume momentum plays, or running backtests on historical strategies, Finviz handles the heavy lifting.

Finviz Overview

Finviz launched in the late 2000s, founded by experienced market analysts seeking to democratize access to professional-grade scanning tools. Starting as a simple visualization dashboard, it has grown into one of the most respected trading platforms—widely adopted by day traders, swing traders, and long-term investors alike.

The mission has always been clear: provide a clean, ad-free environment that delivers unparalleled speed and reliability. Over the years, Finviz Elite was introduced to cater to power users who need real-time data, advanced charting, and deeper analytical capabilities. Today, Finviz supports millions of users worldwide and is consistently recognized as a top-tier solution in financial media reviews and trader communities.

Pros and Cons

Pros:

1. Comprehensive Stock Screener: Offers an extensive list of filters for technical indicators, fundamental metrics, sectors, and more.

2. Real-Time & Extended Hours Data: Access quotes and charts from premarket at 4:00AM through aftermarket sessions.

3. Advanced Charting Tools: Intraday charts, drawing tools, overlays, and full-screen layouts for deep technical analysis.

4. Backtesting Capabilities: Test strategies against 24 years of historical data with 100 technical indicators and SPY benchmark comparison.

5. Correlation Analysis: Proprietary algorithms to identify correlated and inversely correlated stocks, helping diversify risk.

6. Alerts & Notifications: Custom email and push alerts on price movements, news events, and screener triggers.

Cons:

1. Learning Curve: The platform’s breadth of features can be overwhelming for beginners without a trading background.

2. Elite Subscription Cost: Advanced features require a paid upgrade, which may not suit very casual investors.

Features

Finviz packs a wealth of features into a streamlined interface. Here’s a closer look at what makes it one of the best stock scanners on the market:

Stock Screener

The heart of Finviz is its stock screener, which provides:

• Filters for descriptive, fundamental, and technical criteria
• Custom filter saves and template sharing
• Statistics view summarizing key metrics on filtered lists
• Data export for further analysis in spreadsheets

Advanced Charts

With Elite, you unlock:

• Intraday and historical charts with minute-level resolution
• Overlays and indicators such as moving averages, Bollinger Bands, RSI, MACD
• Drawing tools for trendlines, Fibonacci retracements, and patterns
• Fullscreen layouts for focused analysis

Backtests

Before risking real capital, you can:

• Test your strategies across 24 years of historical price data
• Use up to 100 technical indicators in your rules
• Compare performance against SPY to gauge relative strength
• Adjust parameters and instantly review backtest outcomes

Correlations

Diversify and manage risk effectively by:

• Identifying stocks that move in tandem or inversely
• Building hedged portfolios or sector-neutral trades
• Spotting alternative positions when your core idea fails

Alerts & Notifications

Stay on top of market moves with:

• Custom price alerts for individual stocks
• Screener-based alerts when new tickers meet your criteria
• Email and push notifications on news, ratings changes, and portfolio events

Ready to see all these features in action? Get Started with Finviz for Free Today and explore the power of precise scanning.

Finviz Pricing

Finviz offers both free and Elite plans to suit different trading styles and budgets.

Free Plan

Price: $0

Ideal for new traders and casual investors who need:

• Basic stock screening with delayed data
• Static charts and news feeds
• Limited filters and no export options

Elite Plan

Price: $39.50/month or $299.50/year

Ideal for active traders requiring professional-grade tools:

• Real-time quotes and extended-hours data
• Advanced charts, backtests, and correlation scanners
• Data export and custom filter creation
• Unlimited email and desktop alerts

Finviz Is Best For

Whether you’re just starting or a seasoned pro, Finviz can elevate your trading:

Day Traders

Need quick scans for momentum plays? Finviz Elite’s real-time data and intraday charts let you spot volatile setups before the crowd.

Swing Traders

Looking for outlier stocks with clear technical patterns? Use custom filters on price averages, RSI, and volume to uncover trends.

Long-Term Investors

Hunting value opportunities? Fundamental filters on P/E, debt ratios, and insider ownership help pinpoint undervalued gems.

Quantitative Analysts

Backtest theories with decades of data and refine algorithms using up to 100 indicators directly on the platform.

Benefits of Using Finviz

• Speed and Efficiency: Find trade ideas in seconds instead of hours.
• Precision Screening: Combine technical and fundamental criteria with surgical accuracy.
• Actionable Insights: Correlation and backtest tools surface high-probability setups.
• Customization: Create, save, and share filter templates tailored to your strategy.
• Seamless Experience: Ad-free, intuitive interface keeps you focused on trading, not ads.

Customer Support

Finviz offers responsive support via email and online documentation. Replies typically arrive within 24 hours, with prioritized responses for Elite subscribers. Their detailed FAQs and knowledge base cover everything from screener basics to advanced chart setups, ensuring you’re never left in the dark.

For deeper guidance, Finviz occasionally hosts live webinars and Q&A sessions, where you can interact with experts, share best practices, and learn advanced techniques to sharpen your edge in the markets.

External Reviews and Ratings

Traders across forums like Reddit’s r/StockMarket and trading communities consistently praise Finviz for its speed, reliability, and breadth of features. Many users highlight the platform’s ability to reduce analysis paralysis by providing clear, concise screener outputs. Some criticisms center around the Elite subscription cost and initial learning curve, but most agree that the productivity gains justify the investment.

Financial media outlets have also spotlighted Finviz in “Top Trading Tools” roundups, noting its unique combination of charting, screening, and backtesting capabilities in one unified interface.

Educational Resources and Community

Finviz supports a vibrant community through its blog, where market analysis, strategy breakdowns, and feature tutorials are regularly posted. The platform’s developers publish how-to guides, video walkthroughs, and advanced “Pro Tips” to help both novices and expert traders get the most out of every tool.

Additionally, user forums and social media groups are buzzing with shared filter recipes, correlation studies, and backtest results—free resources that amplify the value of your subscription.

Conclusion

In the crowded landscape of trading tools, finding the best stock scanners can feel like searching for a needle in a haystack. But Finviz cuts through the noise with a potent blend of speed, depth, and user-friendliness. From real-time scanning and advanced charting to robust backtests and correlation analysis, it equips you with everything needed to uncover and act on market opportunities. Ready to streamline your scan-to-trade workflow? Get Started with Finviz for Free Today and experience the difference. Empower your trading strategy with Finviz and turn your stock scans into consistent profits.