Dominate Markets with a Day Trading Stock Scanner
Searching for the ultimate guide to stock scanner for day trading? You’ve landed on the right page. When it comes to spotting intraday breakouts, scanning hundreds of tickers in seconds, and fine-tuning technical setups, Finviz delivers the speed and precision you need.
I know how overwhelming it can be to juggle multiple data feeds, constantly refresh charts, and still miss that perfect entry. I’ve relied on Finviz for years—trusted by professional traders, financial educators, and market analysts worldwide—to simplify my workflow and highlight high-probability setups. Ready to elevate your game? Get Started with Finviz for Free Today and discover why day traders everywhere swear by its agility and depth.
What is Finviz?
Finviz is a comprehensive stock screener and market visualization platform designed for day traders, swing traders, and long-term investors. It consolidates real-time quotes, heatmaps, charts, and customizable filters into a single, ad-free interface. Whether you’re filtering by volume spikes, technical patterns, or fundamental criteria, Finviz streamlines your workflow so you can focus on executing trades rather than gathering data.
Finviz Overview
Founded in 2007, Finviz set out to demystify the markets with intuitive visuals and advanced screening capabilities. Its mission: empower traders with fast, accurate insights without the bloat of legacy platforms. Over the years, Finviz has attracted over 2 million registered users, earned recognition from top financial publications, and continually expanded its feature set to keep pace with evolving trading strategies.
By 2020, Finviz Elite had become the go-to upgrade for serious traders—offering real-time quotes, extended hours data, backtesting modules, and powerful correlation tools. Today, Finviz remains at the forefront of retail trading innovation, balancing simplicity for beginners with depth for professionals.
Pros and Cons
Pros:
1. Lightning-fast screening: Scan thousands of symbols in seconds using custom filters.
2. Ad-free Elite interface: Enjoy uninterrupted analysis with no distracting banners.
3. Real-time & extended hours data: Access premarket quotes from 4:00 AM and aftermarket info through the session.
4. Versatile charting: Intraday timeframes, overlays, drawing tools, and full-screen layouts facilitate deep technical study.
5. Backtesting engine: Test strategies against 24 years of data and compare to the SPY benchmark.
6. Correlation algorithms: Identify correlated or inversely correlated stocks to diversify or hedge positions.
7. Alerts & notifications: Get instant email and push alerts when stocks hit your criteria.
Cons:
1. Elite subscription cost may be steep for casual traders.
2. Learning curve for advanced features like backtesting and correlation matrices.
Features
Finviz’s feature set caters to all aspects of your trading process, from idea generation to execution and review.
Real-time and Extended Hours
Stay ahead of the market with continuous data:
- Premarket and aftermarket quotes starting at 4:00 AM.
- Real-time streaming on homepage, maps, charts, and screener.
- Heatmaps showing sector and industry performance across sessions.
Advanced Charts
Perform rigorous technical analysis with interactive chart tools:
- Intraday charts down to 1-minute intervals.
- Multiple overlays (moving averages, Bollinger Bands) and indicators (RSI, MACD).
- Drawing tools—trendlines, Fibonacci retracements, pitchforks.
- Customizable layouts and performance comparison for side-by-side symbol analysis.
Backtests
Validate your hypotheses before risking capital:
- 100+ technical rules and indicators to define buy/sell conditions.
- Access to 24 years of US equities data.
- Performance metrics like win rate, profit factor, maximum drawdown, and SPY comparison.
Correlations
Reduce risk and discover new trade ideas by exploring inter-symbol relationships:
- Identify strongly correlated or inversely correlated stocks and ETFs.
- Optimize portfolio diversification and hedging strategies.
- Proprietary algorithms tuned for financial time series.
Advanced Screener
Filter the market with surgical precision:
- Over 70 fundamental and technical criteria—EPS growth, float, RSI, moving averages, and more.
- Custom filter creation and saving for repeated scans.
- Data export capabilities for deeper offline analysis.
- Statistics view with median and average values for filtered results.
Alerts & Notifications
Never miss a trade trigger:
- Email and push notifications for price levels, news events, and screener matches.
- Portfolio alerts for earnings, dividends, and rating changes.
- Real-time updates keep you informed on the go.
Finviz Pricing
Finviz offers a straightforward pricing model to suit different trader needs.
Free Plan
Price: $0
Ideal for beginners exploring basic functionality:
- Delayed quotes (15–20 minutes).
- Limited filters (up to 5 criteria in screener).
- Basic charts and heatmaps.
Elite Plan
Price: $39.50 per month or $499.50 per year
Perfect for active day traders and professionals:
- Real-time and extended hours data.
- Full suite of advanced charts, backtests, correlations.
- Unlimited filters and data export.
- Alert system with custom triggers.
Finviz Is Best For
Finviz caters to a broad spectrum of market participants. Below are groups who will benefit most:
Day Traders
Intraday charting, real-time scans, and hotlists help you pounce on volatility at market open and close.
Swing Traders
Technical backtests and correlation matrices allow for robust strategy validation over multi-day holds.
Long-Term Investors
Fundamental criteria filters and performance maps give a bird’s-eye view of sector rotation and top performers.
Quantitative Analysts
Historical data and programming-friendly exports support custom model development and research.
Benefits of Using Finviz
- Time-saving efficiency: Consolidate data feeds and scans in one platform.
- Improved decision-making: Clear visuals highlight the strongest opportunities.
- Risk management: Correlation tools and alerts protect against sudden market moves.
- Strategy validation: Backtesting avoids trial-and-error in live markets.
- Customizable workflow: Tailor filters, layouts, and notifications to your style.
Customer Support
Finviz support is highly responsive via email and live chat. Elite users often receive replies within hours, ensuring minimal downtime. The team is knowledgeable about both platform features and trading concepts, making troubleshooting efficient and educational.
Support channels include a robust FAQ, step-by-step tutorials, and direct access to the development team for feature requests or technical issues. Whether you’re integrating alerts into your routine or exploring backtests, help is just a message away.
External Reviews and Ratings
On trading forums and review sites, Finviz consistently scores above 4 out of 5 stars. Traders praise its intuitive design, blazing-fast filters, and the depth of Elite features. Common highlights include the seamless extended-hours data and the powerful backtesting module.
Critics occasionally mention the learning curve for advanced tools and the subscription cost for Elite. However, most agree that the productivity gains and increased profitability potential justify the investment. Finviz regularly addresses feedback with platform updates and new tutorials.
Educational Resources and Community
Finviz offers a dedicated blog with market commentary, screener strategies, and charting tutorials. Regular webinars cover topics from “Building Your First Screener” to “Advanced Backtest Techniques.”
The Finviz subreddit and user Discord server foster a vibrant community where traders share filters, discuss setups, and collaborate on automating alerts. You’ll also find free filter templates and performance reviews contributed by seasoned members.
Conclusion
From rapid scans for intraday breakouts to rigorous backtests of your strategies, Finviz delivers a comprehensive toolkit for mastering the stock scanner for day trading process. Its intuitive interface, real-time feeds, advanced charting, and alerts system empower you to trade with confidence and precision. Ready to transform your market research and seize opportunities faster? Get Started with Finviz for Free Today and experience the difference.
Get Started with Finviz for Free Today and dominate your day-trading game!