GuruFocus' All-in-one Guru Screener allows users to screen using technical indicators like the relative strength index and simple moving averages.
Background
Figure 1 gives a screen shot illustrating a wide range of technical indicators listed under the Screener's Price tab.
Figure 1
You screen for these filters as you would for any other filter. For example, if you want to look for companies with a 14-day relative strength index (RSI) less than 30, you would select the second drop-down menu for “14-Day RSI” and choose 30 from the list of values as Figure 2 illustrates.
Figure 2
How it works
GuruFocus' All-in-one Screener supports screening for a wide range of technical indicators, including the relative strength index (RSI), the six-month price index, the simple moving average, Bollinger Bands, and momentum indicators like 6-1 month momentum and 12-1 month momentum. Each technical indicator can give insights on how a company’s stock price might trend going forward.
For example, you can look for undervalued companies using either the relative strength index (RSI) or the six-month price index. The former determines whether a company's stock is “overbought” or “oversold.” RSI values of 70 or above suggest possible overvaluation while RSI values of 30 or below suggest possible undervaluation.
Figure 3 illustrates the available RSI filters in the All-in-one Screener.
Figure 3
The price index, on the other hand, highlights the stock’s price trend over the past six months. A price index less than 1 indicates the company’s share price declined during the six-month period, which can either lead to a value opportunity or a potential value trap depending on the company’s profitability.
Simple moving average
The simple moving average gives the arithmetic average of share prices over a specific period. GuruFocus’ All-in-one Screener supports screening based on the 20-day SMA, 50-day SMA and 200-day SMA: Users can screen for price % above or % below the SMA as Figure 4 illustrates.
Figure 4
Bollinger Bands
Bollinger Bands extend the simple moving average line to an upper band that is two standard deviations above the 20-day SMA and a lower band that is two standard deviations below the 20-day SMA. Figure 5 illustrates the Screener filters for price to the upper bound Bollinger Band value and price to the lower bound Bollinger Band value.
Figure 5
Momentum indicators
The 6-1 month momentum indicator captures the return of the stock from six months ago to one month ago while the 12-1 month momentum indicator captures the return of the stock from 12 months ago to one month ago. Figure 6 illustrates the Screener filters for the momentum indicators.
Figure 6
