Chartmill allows you to quickly explore the markets for trading candidates.
You can look at many charts at the same time and isolate those you want to investigate closer by storing them in watchlists.
When you found the right candidate, use the position sizing tool to control your risk.
Relative Strength, Pocket Pivots, Squeeze plays, Effective Volume, Support Resistance, ...
Proven technical analysis concepts, the most modern techniques combined with our own insights, algorithms and indicators make Chartmill the technical analysis stock screener.
Momentum Squeeze Play Setups
This screen finds squeeze play setups on stocks that are in a strong uptrend. A squeeze play setup occurs when the Bollinger Bands are inside the Keltner channels. When this happens, the stock has been trading in a narrow range for a while. A major move could happen when the stock breaks out of this trading range.
This screen finds bull flag patterns. A bull flag is a consolidation after a strong upmove. The uptrend may continue when the stocks moves out of the consolidation zone.
Strong Stocks near New High
This screen finds strong stocks near a new high. This list allows you to find stocks 'about to make a new high'. Good bases still need to be found either by further filtering or by manual inspection.
Pocket Pivots in Strong Stocks
This screens searches for Pocket Pivots in Strong stocks that happen near the SMA(10). A pocket pivot is a positive sign of price/volume behavior. Whether the stock is a buy or not remains to be judged on a case by case basis.
This screen finds stocks in a strong trend that are moving on increased volume. There is not necessarily a good entry point, if not it may still be interesting to put these stocks on a watch list.
Weekly Chartmill Channel breakout
This screen finds stocks that have a long upper weekly chartmill channel. The stock is currently trading near the upper channel line. The channel line acts as resistance, when the stocks breaks this resistance a possible strong move may follow.
Large Players Buy
This screen finds stocks that are being bought by large players based on the Effective Volume indicator. Whether the stock offers a good entry point is to be determined on a case by case basis.
Stocks nearing Resistance Line.
This screen finds stocks nearing a strong resistance line. The idea is that a breakout move could follow when the stock breaks the resistance line. A possible strategy would be to place a buy stop above the resistance.
Stocks nearing Support line.
This screen finds stocks that are trading just above a support line. This screen looks for short opportunities. When the support is broken, a strong move down is a possibility.
Recent Pocket Pivot
This screen finds strong stocks with at least one pocket pivot in the last 5 days. Whether an entry is possible should be judged on a case by case basis.
The S&P 500 index ETF.
Some statistics. Clicking a bullet takes you directly to the screener.
|A word on squeeze plays||November 8, 2014|
|New Chartmill.com article on Portfolio Metrics in TRADERS’||June 26, 2014|
|ChartMill Subscriptions + Big Fan Gift!||June 17, 2014|
|New article in Traders’ Magazine||March 27, 2014|
|Run your screens …. in the past||March 22, 2014|
|New and improved documentation||March 16, 2014|
|New feature – Screen sharing!||February 24, 2014|
We shouldn't really be saying this, but chartmill is a tool that helps you make your analysis. Your trading is your responsability and nothing on this website should be interpreted as a direct advice to buy or sell securities.