Stock Screener

Review by eFreeware

Screening a few thousand US tickers by hand is not realistic. Stock Screener, from the developer Financept, takes the other route: a free Android app that filters the US market on technical signals, aimed at people who already know their way around a chart.

The premise is simple enough. You pick a condition, the app returns a list of stocks that currently match it, and you decide what to do with that list. It has been on Google Play since April 2015 and has passed 100,000 installs, with a 4.2 average across 2,728 ratings, which suggests a settled tool rather than a new experiment. What it is not is a teaching app or an advisory service, and the developer is direct about that.

A tool for traders who already read charts

This is a technical screener, not a fundamental one. There is no PE ratio, no earnings data, no balance sheet work. If your process starts with valuation and ends with a chart, the app only covers the second half. The developer states plainly that anyone looking for fundamental screening should use something else, and I would take that at face value.

The audience is the swing trader or day trader who works from price action and indicator readings. The developer also notes that a basic understanding of how the market works is assumed, and that the app neither teaches trading nor recommends stocks. That framing is honest, and it tells you the app expects you to bring your own method.

One structural point shapes everything else: quotes update at the end of the day. There are no real-time prices here. For swing trading, where you plan entries for the next session, that is workable. For someone watching a position tick by tick through the afternoon, it is the wrong tool.

The charts come from Finviz and use intraday data delayed by 15 minutes, with copyright held by Finviz. So the screening itself is end-of-day while the chart view carries a short delay. Neither is live, and the app does not pretend otherwise.

The indicator scans you get

The core of the app is a long list of technical filters. RSI screening finds overbought and oversold names, and can also surface stocks whose RSI is rising or falling. MACD screening looks for crossovers, including bearish ones. Moving average screening covers both simple and exponential crossovers, which the developer treats as bullish signals.

Beyond those three, there is a wider set: Bollinger Bands crossings, Stochastic for overbought and oversold conditions, ADX for trend strength regardless of direction, MFI for buying and selling pressure from price and volume, CCI for trend and extreme conditions, William %R, Force Index, and ADL for money flowing in and out of a stock. ATR is there for volatility. That is a serious spread of indicators for a free app, and the variety is what makes the screening useful rather than a single gimmick.

Price and volume filters round it out, and daily gainers and losers lists are included as well, which is often the quickest starting point when you have no specific idea in mind.

Candlestick pattern screening covers the most popular formations, so you can search for a shape rather than a numeric threshold. Each result comes with a chart and market news for that stock, and you can build a watch list from what you find. The developer pitches the app as a way to gather trade ideas, and the combination of scans, charts, news and a watch list does cover that loop.

What it costs and what comes with it

The app is free to download, and it carries ads. There are also in-app purchases.

For a screening tool, the more relevant cost may be the one measured in attention: the indicators assume familiarity. RSI, MACD, ADX and the rest are not self-explanatory. A trader who already uses two or three of these will get moving quickly. Someone who has never seen a Bollinger Band will need to learn elsewhere first.

The end-of-day data model is also part of the deal. It keeps the app free and light, and the 15-minute delay on the Finviz charts means even the chart view is retrospective.

Where a paid platform may still win

The obvious alternative is a paid screening platform from a broker or a data provider. If your strategy depends on acting within minutes of a signal, that is the category to compare against, and this app will not match it.

A second option is a general finance app that mixes news, quotes and portfolio tracking with some screening. Those tend to be broader and shallower, better for following the market than for filtering it. Stock Screener goes the other way: narrow, indicator-heavy, and uninterested in anything outside technical analysis.

The third comparison is doing it yourself with charting software and saved scans. That gives you full control, at the cost of setup time. The appeal of this app is that the scans already exist and the price of entry is a download.

A free screener for end-of-day technical work

Stock Screener knows exactly what it is: a technical filter for the US market, updated at the end of the day, with a broad set of indicators and a watch list to collect what you find. It does not teach, it does not advise, and it does not provide fundamental data. Within those bounds it looks like a genuinely useful free tool.

It suits the swing or day trader who already reads indicators and wants a quick way to narrow the market down to a workable list each evening. It also suits someone learning technical analysis who wants to see how different signals behave across real tickers. It does not suit investors who screen on earnings and valuation, or anyone who needs live prices.

The app is free to download, shows ads, and offers optional purchases. If the app matches how you trade, the install is an easy call.