Stock scans, explained in plain words
FIS Scans applies fixed rules to the daily prices of the F&O stocks and lists the stocks that match. Each page below explains one rule, shows the exact rule, and shows a current example. A stock matching a rule is not a recommendation to buy or sell.
High / Low
Classic
Stocks in a strong, orderly uptrend: price above its rising long-term averages, well off the yearly low, close to the yearly high, and stronger than most other stocks.
A stock already in an uptrend that closed above its highest price of the last 50 days, on clearly higher volume than usual.
An uptrending stock sitting near its yearly high, whose last two weeks of trading are above the earlier 50-day high.
Stocks up 4% or more today with more volume than yesterday. A simple measure of unusual buying interest.
An uptrending stock that ran ahead of its 20-day average, came back down to touch it today, and closed above it.
Stocks trading at least twice their normal daily volume. Says nothing about direction.
Stocks up 15% or more over the past month.
Stocks up 30% or more over the past three months.
The strongest 10% of F&O stocks by price performance over the last 3 to 12 months (RS rating 90 or above).
Stocks that have doubled or more in a year.
FIS Special
An uptrending stock resting quietly just under its recent 50-day high (the pivot), in a narrow two-week range.
Volatility Contraction Pattern: an uptrending stock whose price swings have become smaller three times in a row while volume dries up, near its yearly high.
A stock above its 50-day average whose last five days fit inside a 4% range.
A sharp run of 15% or more in ten days, followed by a small, shallow pause.
An uptrending stock that had moved well above its 50-day average, has now come back to it, and closed above it today.
A stock whose strength against NIFTY is at a one-year high while its own price is still 5% or more below its high.
A stock that fell below yesterday's low during the day, then closed above yesterday's high, up 2% or more.
A stock above its 200-day average that dipped under its 20-day low today and then closed back above it, in the upper half of the day's range.
A stock above its 200-day average, within 15% of its yearly high, that has moved sideways in a 15% range for six weeks.
Words used
- Moving average (SMA / EMA)
- The average closing price over a number of days. The 20-day follows the short trend, the 50-day the medium trend and the 200-day the long trend.
- RS rating
- A rank from 1 to 99 of a stock's price performance over 3 to 12 months against the other F&O stocks. 90 means stronger than 90% of them. It is not the RSI indicator.
- 52-week high / low
- The highest and lowest price of roughly the last 250 trading sessions.
- Volume ×
- Today's volume divided by the 20-day average volume. 2× means twice the usual.
- Uptrend / Downtrend / Basing
- Uptrend: price above the 50-day average, which is above the 200-day. Downtrend: the reverse. Basing: neither.
- Delayed prices
- Prices on this site are about 15 minutes behind the exchange during market hours.