Stock Scan And Chart Pattern Recognition Screener
What is the Trending123.com Pattern Recognition Scan?
The Trending123 Pattern Recognition Scan is one of the most interactive and informative tools available to subscribers, and it’s accessible 24 hours a day right here on Trending123.com . This cutting edge software scans over 16,000 securities on nine exchanges in the blink of an eye, looking for any of the 4 million chart patterns that can show you exactly where your stocks are headed. And here at Trending123, our stocks are headed up, up, up!
Trending123 has access to this high tech instrument, one typically reserved for professional traders only. The Pattern Recognition Scan is the same one used by the biggest firms on Wall Street. It makes them big money, and it can do the exact same for you. The best part is, you get all the information that the big houses get, and because you’re a member of the Trending123 community, you get someone to interpret it all for you!
John Lansing runs scans all day, every day looking for patterns to “pop” on the charts. When he sees a play that you should be making, he sends an update right to your e-mail inbox. But what if you want to scan the charts yourself? Scan away! You can either perform unique scans on Trending123.com, or sign up to automatically receive electronic alerts whenever specific patterns pop on the charts.
But what does it look for and what does it find?
The Pattern Recognition Tool looks for Classic and Short Term chart patterns, in addition to indicators and oscillators. The very same ones that professional traders use to make quality, profitable calls time and time again. But this is where Trending123 is different. You don’t just get raw data – you get solid advice. John Lansing is there to teach you about the patterns, indicators, and oscillators, what to look for when you do see pattern forming, and finally how to use that information to make the right calls.
Subscribers to Trending123 are cashing in on the charts right now. It’s about time you did the same. As you can see, we’ve got the tools to make it as easy as 1-2-3.
When can I access the Trending123.com Pattern Recognition Scan?
All day, every day! The Trending123 Pattern Recognition Scan, like the entire Trending123 community, is available 24 hours a day, 7 days a week. It updates throughout the day giving you the most up to date information as you scan for the patterns that can make you money any time of day or night. Even when the markets are closed, there is much work to be done building and following your portfolio. Use the Pattern Recognition Scan to explore stocks that are ready to go parabolic based on what you see on the charts.
And if you don’t have the time to research stocks all day, you can set automatic alerts that get sent straight to your inbox, letting you know exactly when it’s time to make a move! Get into a stock ready to make bundles, or get out of a stock about to take a dive. Either way, with the Pattern Recognition Scan you’re always in the know when it comes to making sudden profits off the charts!
Where do I find the Trending123.com Pattern Recognition Scan?
Trending123.com, of course!
Who can benefit from using the Trending123.com Pattern Recognition Scan?
You! And you don’t have to wait one moment to get started. Click here to learn more! It doesn’t matter if you’re brand new to technical analysis or a seasoned pro. It doesn’t matter if you’ve never made a trade or if you’ve been trading the technicals for years! When you use the Pattern Recognition Scan, the work is done for you. With just a few clicks, you will be given access to money making information on stocks you own, or should own if you don’t already!
How do I use this software?
It’s easy! Follow these three steps to success using the Pattern Scan Tool!
#1 – Select the type of search you want to run and execute the scan
Choose any security, index, or currency on the United States, Canada, or London exchange and click “search”.
#2 – Select the trading horizon you’d like to investigate
Certain patterns play out only in certain spans of time: short term, intermediate, or long term. Pick the time period you’d like to explore, and view the technical events poised for that period.
#3 – Choose the chart pattern you want to explore and learn as much as you can
You’ll see any number of technical events that are showing up on the specific security you chose. Check the box next to any of these events and click “View chart for checked events” to learn more about the pattern and what it means for your stock. Once you’re in the education section for that chart pattern, you’ve got everything you need to make a trade: A description and the implications of that chart pattern, important characteristics of the pattern, trading considerations, criteria that support and refutes the pattern, and the underlying behavior present in this pattern.
The rest is up to you! Take the knowledge of the chart patterns and make winning trades in your own. Or if you’re not quite ready, use your new knowledge to understand John’s picks better.
What Patterns Does The Trending123.com Pattern Recognition Scan Find?
Technical Analysis has long been the domain of institutional houses and professional money managers. This is largely a result of the manually intensive nature of Technical Analysis. Now the process has been automated so that new bullish or bearish opportunities are available to you at the click of a button.
Technical Analysis is the practice of anticipating price changes of a financial instrument by analyzing prior price changes and looking for patterns and relationships in price history.
Technical Analysis opportunities occur when a significant pattern has formed or a significant price activity has occurred in a financial instrument. Technical Analysis opportunities highlight price situations that may be worth considering in researching an investment activity.
For each instrument, the daily and weekly charts are analyzed to identify various types of Technical Analysis opportunities. Some events are bullish suggesting a rising price, while others are bearish suggesting a falling price. They are organized into four Technical Analysis Classes based on characteristics they have in common. To learn about specific event classes and types, click on the tabs below.
A linear price scale is used to identify Technical Event opportunities on daily charts, while a logarithmic price scale is used to identify Technical Event opportunities on weekly charts. To learn more about this and other terms used in the field of Technical Analysis, visit the Glossary page.
Classic is a term used to refer to a group of patterns that typically have a longer-term horizon (greater than 12 days) and which have distinct price swings such that the price swings form distinctive patterns. The names of classic patterns often reflect the shape of the formation such as the Double Top, Double Bottom, Head and Shoulders Top, Ascending Triangle and so on.
- Ascending Continuation Triangle
- Bottom Triangle
- Continuation Diamond (Bullish)
- Continuation Wedge (Bullish)
- Diamond Bottom
- Double Bottom
- Flag (Bullish)
- Head and Shoulders Bottom
- Megaphone Bottom
- Pennant (Bullish)
- Rounded Bottom
- Symmetrical Continuation Triangle (Bullish)
- Triple Bottom
- Upside Breakout
- Continuation Diamond (Bearish)
- Continuation Wedge (Bearish)
- Descending Continuation Triangle
- Diamond Top
- Double Top
- Downside Breakout
- Flag (Bearish)
- Head and Shoulders Top
- Megaphone Top
- Pennant (Bearish)
- Rounded Top
- Symmetrical Continuation Triangle (Bearish)
- Top Triangle
- Triple Top
Short-term patterns are based on the shape and relationship of the candlestick(s) or price bar(s) representing one or multiple consecutive trading days. This includes patterns such as the Hanging Man and the Gap Up. The technical event is the confirmation that the pattern has formed in the price bar(s). These Technical Event® opportunities are useful for suggesting possible short-term price movement. They are also useful for supporting or refuting the possible price movement suggested by classic patterns. Short-term patterns are often considered as supplementary information.
- Engulfing Line (Bullish)
- Exhaustion Bar (Bullish)
- Inside Bar (Bullish)
- Inverted Hammer
- Island Bottom
- Key Reversal Bar (Bullish)
- Two Bar Reversal (Bullish)
Indicators that are currently supported are based on moving average calculations.
Bullish or Bearish:
Oscillators are based on mathematical formulas that incorporate historical or recent prices of the stock.
Bullish or Bearish:
- Bollinger Bands
- Commodity Channel Index
- Fast Stochastic
- KST (Short-term, Intermediate-term, Long-term)
- Relative Strength Index (RSI)
- Slow Stochastic
- Williams %R