AI stock screener
The SimpleAlgo AI Scanner is a stock screener built for traders rather than accountants. Instead of filtering by dozens of ratios, you choose what you are looking for (stocks near support, near resistance, at new highs or lows, or showing unusual strength) and the scanner finds matching names from real price history.
Each result can be opened in a full technical analysis view: the AI reads the chart for that stock and returns a direction, a Setup Score and suggested entry, stop and target levels, with the reasons written out. You can add a result to your watchlist in one click or send it straight to Chart Analysis.
The AI Scanner is available to SimpleAlgo members. This page explains how it works and how to read its results.
Worked example: a stock near support
The numbers below are an illustration of how to read a result, not a real or current trade.
Imagine you scan for stocks near support and a large tech stock appears 1.5% above its 52-day low, after a steady decline, with RSI near 32. That combination means price is close to a level where buyers stepped in before and selling has been stretched.
Opening the full analysis might show a Buy Opportunity with a Setup Score of 72, an entry just above support, a stop a little below it and a target at the last swing high. If the stop is 3% away and the target 7% away, the reward-to-risk is better than 2 to 1.
How to read the results
Distance to the level shows how close price is to support or resistance. Closer means the level is being tested now.
A stock near support is not automatically a buy. Support can break; the stop below it is what limits the damage when it does.
Use the Setup Score from the full analysis to compare candidates, and skip anything below 70.
Frequently asked questions
What does the AI Scanner look for?
Stocks near support or resistance, at new highs or lows, and other technical conditions, calculated from real price history.
How is it different from a normal screener?
Every result can be opened in an AI chart analysis that explains the setup and suggests levels, so you go from a list to a plan in one step.
Is the AI Scanner free?
No, it is a members-only tool included with a SimpleAlgo membership.
Which markets does it cover?
Mainly US stocks and popular ETFs, plus major crypto pairs.
Is this financial advice?
No. The AI Scanner is educational analysis only and trading involves substantial risk of loss.
Related tools
Educational analysis only. Not financial advice. Trading involves substantial risk of loss.