How to Find the Biggest Stock Gainers and Losers

Thu May 28, 2020, 01:47 pm | by Delaney | No comments

Many day traders look for stocks with big price movements—the day’s gainers and losers. These are stocks with big percentage gains. These stocks are a great starting point to explore and find trading opportunities. This blog post will break down why you should find stock market gainers and losers, possible strategies, and how to find them inside Benzinga Pro. 

Why Find Stock Market Gainers and Losers 

You can find stock market gainers and losers anytime of day—pre-market, intraday, or after hours. However, many day traders chose to focus on the pre-market and early intraday stock trading. Typically, these are shown as the stocks that have the biggest percentage increase in price during the time period selected. Many scanners show for the trading day, and Benzinga Pro lets you get granular and select intervals of 15 minutes, 30 minutes, one hour, session, and more. 

These stocks with big percentage gains are a great way to create a daily watchlist so you can give them more attention. Once getting your list of the biggest gainers (and/or losers!), you’ll want to do further research, especially taking a good look at the volume. Analysis will help you determine whether you should buy, sell, or even short the stock, if that is part of your trading strategy. 

These big gainers and losers can indicate a stock’s movement and the overall market or sector sentiment. As a day trader, the biggest gainers and losers could be a big opportunity to capture volatility and short-term price movement. As mentioned before, market movers are just one indicator for finding a stock to trade. When you find a stock you’re interested in, make sure to do more research, look at other indicators, and look at the context of the gainer or loser. Is the movement caused by an unknown reason or a news event?

What to Do Next

Once you find a big market mover and check for movement context, you’ll want to check the volume to make sure the stock has high liquidity so you can get in and out of a day trade quickly. After that, you may want to look at moving averages (such as a 30 day moving average) to confirm that the stock is a potential trade. You can also look at the chart to see if there is a chart pattern you use in your trading strategy. 

The theory behind this strategy is that more people are looking at the biggest gainers and losers, meaning it’s more likely to be in higher demand, causing the price to go up even further. 

Additionally, if the biggest gainers and losers are in a certain industry or sector, you can identify trends that may affect the group as a whole so you focus on (or avoid!) the group. 

Read More: Using Volume for Day Trading Stocks

How to Find Gainers and Losers in Benzinga Pro 

The best tool for finding the day’s biggest gainers and losers is Benzinga Pro’s Movers tool. As the name suggests, this scanner helps you find the biggest movers of the day, with customizable filters. The only thing you have to do to this easy-to-use tool is to apply the filters you’d like, and you’ll have a consistently updated list of the stocks to add to your Watchlist. 

The available filters include: 

  • Gainers & Losers, Just Gainers, or Just Losers 
  • Session: Pre-Market, Regular, After Hours 
  • Period: 15 minute, 30 minute, 1 hour, Session and more, depending on the session selected.
  • Sectors: Choose as many as you’d like 
  • Market Cap: Choose from the sliding scale, or customize it.  
  • Price: Choose from the sliding scale, or customize it.  
  • Refresh: 1 Minute Auto Refresh or Freeze (No Refresh) 

Once you get these filters set up, you can click the blue bar at the top to hide the filters and show more Movers results. 

Next, you can filter it even more by clicking the filters tab on the right side. Here, you can filter by: 

  • Symbol
  • Name 
  • Change % 
  • Change 
  • Previous Close 
  • Volume (This is particularly helpful you if you are looking for stocks that only have high volume)
  • Average Volume (3 Months) 

Once your filters are all set up, you can click on a ticker to pull it up in the Details tool. This will help you access key data, news, and any Why Is It Moving? tags. Why Is It Moving? tags show up at the top of a Details tool to easily show you why a stock is moving. It’s a quick, one-sentence line designed to help you quickly identify news catalysts in moving stocks. 

You can also open the Details tool to the chart tab, and go through each ticker and see if the chart jumps out to you. Depending on your strategy and chart patterns you are familiar with, you may find a trading opportunity. 

Final Thoughts

Gainers and losers are a great place to start when you’re looking for stocks. Once you find them, you can filter them by volume, search for news catalysts, and find chart patterns that fit your trading strategy so you can find big trading opportunities. 

Benzinga Pro can help you easily find the day’s gainers and losers. Start your free, two-week trial by clicking here, no credit card required to get started.

Disclaimer: Benzinga is a news organization and does not provide financial advice and does not issue stock recommendations or offers to buy stock or sell any security. Benzinga Pro is for informational purposes and should not be viewed as recommendations. Benzinga Pro will never tell you whether to buy or sell a stock. It will only inform your trading decisions. You can find our full disclaimer located here.