The MarketFlow Price Action Screener scans every ASX stock and surfaces only those matching your exact technical criteria. No chart-hopping. No missed setups.
This guide explains every filter, every signal value, and how to combine them to build screener setups that match your trading style.
How to Use the Screener
- Navigate to Screener → Price Action in the top navigation bar
- Select a Market Cap tier — Large Cap, Mid Cap, Small Cap, or Micro Cap
- Set your filter criteria using the dropdowns — each defaults to All (no filter applied)
- Click the blue Run Screener button to load results
- Click any stock row to open its full company page
Results show only stocks that match every active filter. Change any dropdown and run again to refine your list.
Select a market cap tier and click Run Screener to load stocks with technical signals.
The Price Action Filters — Complete Reference
1. Moving Average Trend
The Moving Average Trend filter determines the directional structure of a stock based purely on how its moving averages are stacked relative to each other — with no reference to the current price. When the short-term average sits above the medium-term, which sits above the long-term, the underlying structure is aligned upward. When the reverse is true, the structure is bearish. When the averages are intertwined, there is no clear structure.
| Signal | What It Means |
|---|---|
| Uptrend | MA20 > MA50 > MA100 — all moving averages stacked upward |
| Downtrend | MA20 < MA50 < MA100 — all moving averages stacked downward |
| Neutral | MAs are tangled or flat — no clear alignment; consolidating or reversal zone |
Uptrend — Clean structural alignment
When MA20 is above MA50, which is above MA100, the market's short, medium, and long-term averages are all pointing the same direction. This is the cleanest definition of an uptrend. It means buyers have consistently pushed price higher over every meaningful time horizon. This is the most important filter to start with — it removes every stock that is not in a structurally sound uptrend.
Downtrend — Broad structural breakdown
When MA20 is below MA50, which is below MA100, the structure has broken down at every timeframe. This signal is useful for identifying stocks to avoid on the long side, or to monitor for short setups.
Neutral — Wait for resolution
When the MAs are tangled — crossing over each other, bunching together, or moving sideways — the stock has no clear structural direction. It may be consolidating before a new move or in the middle of a trend reversal. Either way, there is no edge from a trend-following perspective until the MAs separate and re-stack cleanly.
2. Relative Strength Index (14)
The Relative Strength Index, developed by J. Welles Wilder, measures the speed and magnitude of recent price changes on a scale of 0 to 100. It compares average gains to average losses over the past 14 trading days and tells you whether a stock is gaining or losing momentum.
RSI is one of the most universally used indicators by both retail and institutional traders. Understanding it correctly — particularly what the bearish and bullish zones actually mean in the context of a trend — is one of the biggest edges you can develop as an ASX trader.
| Signal | RSI Range | What It Means |
|---|---|---|
| Bearish | Below 30 | Bearish Zone — price has fallen sharply; watch for a bounce or continued weakness |
| Neutral | 30 – 50 | Below mid-range — mild bearish bias, no strong momentum yet |
| Elevated | 50 – 70 | Above mid-range — mild bullish bias, price holding strength |
| Bullish | Above 70 | Bullish Zone — strong upward momentum; can signal continuation or an overextended move |
Bearish (below 30) — Bearish Zone
When RSI falls below 30, the stock has entered the bearish zone, experiencing a sharp and sustained decline. This can signal two things: either the stock is due for a relief bounce as sellers exhaust themselves, or the selling pressure is genuinely strong and the downtrend will continue. Context matters — an RSI below 30 in a stock with deteriorating fundamentals is very different from one that has temporarily sold off due to broader market weakness.
Neutral (30–50) — No Clear Edge
RSI between 30 and 50 sits in a zone of ambiguity. Momentum is weak or absent. For most trend-following strategies, this is a zone to avoid. Wait for RSI to push convincingly above 50 before considering a long entry.
Elevated (50–70) — Healthy Bullish Momentum
This is often the most attractive zone for trend traders. RSI between 50 and 70 means the stock is trending upward but has not yet reached an extreme. The move has started, buyers are in control, but there is still room to run before the indicator signals overextension. Many of the best swing trade entries occur when a stock pulls back slightly and RSI resets from near 70 back into the 50–60 range before resuming upward.
Bullish (above 70) — Bullish Zone, Respect the Trend
The most misunderstood RSI reading. Many beginners see RSI above 70 and immediately think "sell" or "short." This is a mistake in trending markets. In a genuine strong uptrend, RSI can stay in the bullish zone for weeks or even months. The bullish zone describes intensity, not exhaustion. RSI above 70 combined with a confirmed Uptrend (MA alignment) is actually a sign of a very strong stock. Only start treating RSI above 70 with caution when you see it diverge from price (RSI making lower highs while price makes higher highs), which signals fading momentum.
3. Moving Averages (20 / 50 / 100-Day MA)
A moving average smooths out day-to-day price noise by calculating the average closing price over a set number of days. When price is trading above its moving average, the stock is in an uptrend at that timeframe. When it is below, the trend is down.
The screener gives you three MA filters — 20-day, 50-day, and 100-day — each covering a different horizon. Together they give you a multi-timeframe view of where price sits relative to each average.
| Signal | What It Means |
|---|---|
| Bullish | Price is above the moving average — upward momentum confirmed at this timeframe |
| Bearish | Price is below the moving average — downward pressure over this timeframe |
The 20-Day MA — Short-Term Trend
The 20-day MA reacts quickly to price changes. It tells you what the stock has been doing over the past month. Stocks trading above their 20-day MA are in near-term uptrends. When price pulls back to the 20-day MA and bounces, it is a common entry signal used by swing traders.
The 50-Day MA — Medium-Term Trend
The 50-day MA is the most widely watched moving average among institutional traders. It reflects roughly two months of price action. When a stock holds above its 50-day MA during a pullback, it shows that the medium-term uptrend is intact.
The 100-Day MA — Long-Term Trend
The 100-day MA gives you the quarterly view. Stocks above their 100-day MA are in established, sustained uptrends. This filter is particularly useful for identifying stocks that have been accumulating strength over an extended period — not just a short-term spike.
Why use all three together?
When price is above all three MAs simultaneously, the stock is aligned across short, medium, and long-term timeframes. This is called a bullish stack and is one of the most reliable technical setups in trend trading. Combined with a confirmed Uptrend (MA alignment), this confirms both the structural stack and the price position relative to each level.
4. Rate of Change (Momentum)
Momentum uses the Rate of Change (ROC) indicator to measure how quickly price is accelerating or decelerating. While moving averages tell you where price has been, momentum tells you how fast things are moving right now.
| Signal | What It Means |
|---|---|
| Strong Bullish | Price accelerating sharply upward — strong buying pressure |
| Mild Bullish | Moderate upward momentum — buyers in control but not aggressive |
| Neutral | No clear directional momentum — indecision between buyers and sellers |
| Mild Bearish | Moderate downward momentum — sellers have a slight edge |
| Strong Bearish | Price accelerating downward — strong selling pressure |
Strong Bullish — The acceleration signal
When momentum registers as Strong Bullish, price is not just moving up — it is speeding up. This is typically associated with a surge in buying activity, often linked to a catalyst, sector rotation, or a breakout from a long consolidation. Combined with a Major Breakout and high volume, this is the highest-conviction setup in the screener.
Mild Bullish — Steady uptrend
Mild Bullish momentum is the steady state of a healthy uptrend. The stock is consistently making progress upward without extreme acceleration. This is the more sustainable signal for longer-duration swing or position trades — the moves are less explosive but more predictable.
Neutral and Bearish — Wait or step aside
Neutral momentum combined with a Neutral Moving Average Trend reading usually means the stock is going nowhere. Bearish momentum signals are useful if you are looking at the short side, but for ASX retail traders who primarily trade long, filtering these out is the right call.
5. Breakout — Price Breaking Key Levels
The Breakout filter scores how decisively price has moved above a key resistance level. A genuine breakout above one of these levels often marks the beginning of a sustained new move, as the stock moves into price discovery territory where there is little overhead supply.
| Signal | What It Means |
|---|---|
| Major Breakout | Price breaking well above a key resistance level — rare, high-conviction signal |
| Strong Breakout | Clear break above a significant level with conviction |
| Mild Breakout | Early-stage breakout — watching for confirmation |
| Weak | No meaningful breakout detected — price still within its range |
Major Breakout — The rarest and most powerful signal
A Major Breakout occurs when price breaks decisively above a significant resistance level with strong conviction. These are relatively rare — on any given day, only a handful of ASX stocks will register this signal. When they do, they often lead to sustained multi-week moves. The key is confirming the breakout with volume — a Major Breakout on high volume is one of the most reliable setups in technical analysis.
Strong Breakout — Act but confirm
A Strong Breakout is a clear move above resistance. Many traders enter on this signal with a tight stop just below the breakout level. If volume confirms and price holds above the breakout point on the next session, the setup strengthens significantly.
Mild Breakout — Watch, don't act yet
A Mild Breakout is an early signal that price is beginning to push against resistance. It may resolve into a genuine breakout or it may fail and retreat. This signal is useful for adding stocks to a watchlist.
Why volume is non-negotiable with breakouts
A breakout without volume is one of the most common traps in trading. It suggests that the move is being driven by retail interest or thin order flow rather than institutional conviction. A breakout on Moderate or Major Volume Anomaly is the difference between a head fake and a genuine new trend beginning.
6. Volume Anomaly — Unusual Trading Activity
The Volume Anomaly filter compares today's trading volume to the stock's historical average. When the answer is yes — especially on a day when price is also moving significantly — it signals that large participants are involved in the move.
Volume is the one indicator that cannot be faked. Price can be nudged by thin order flow. But sustained above-average volume requires real buying or selling interest.
| Signal | What It Means |
|---|---|
| Major Anomaly | Volume many times above average — strong institutional interest, high-conviction move |
| Moderate Anomaly | Significantly above-average volume — notable buying or selling activity |
| Mild Anomaly | Slightly elevated volume — worth monitoring for follow-through |
| Normal Volume | Trading at typical levels — no unusual activity detected |
Major Anomaly — Follow the big money
When volume is many times above average, something significant is happening. This could be a major announcement, a surprise earnings result, an acquisition rumour, or large institutional accumulation. Combined with a Major Breakout, this is the most powerful combination in the entire screener.
Moderate Anomaly — Elevated conviction
Moderate Anomaly volume is the most common signal for quality setups. It means volume is significantly above average — enough to indicate real buying interest, but not so extreme that it is likely a one-day spike. Many sustained ASX trends begin with a Moderate Anomaly volume day as institutions begin building a position.
Normal Volume — Move along
Normal Volume with any bullish technical signal is worth treating with caution. Many false breakouts and failed trend moves happen on normal volume. Layering the Volume Anomaly filter on top of other signals is one of the most effective ways to improve signal quality.
Building Your First Screener Setup
The Balanced Setup — Best for Most Traders
Use this as your default starting configuration:
| Balanced Setup — Filter Configuration | |
| Moving Average Trend | Uptrend |
| Relative Strength Index (14) | Elevated (50–70) |
| 20-Day MA | Bullish |
| 50-Day MA | Bullish |
| 100-Day MA | Bullish |
| Rate of Change (Momentum) | Mild Bullish or Strong Bullish |
| Breakout | All (no filter) |
| Volume Anomaly | All (no filter) |
What you get: Stocks in confirmed multi-timeframe uptrends with building momentum. Not overextended, not sideways — clean trending setups.
The High-Conviction Setup — Fewer, Stronger Signals
For the highest quality signals only:
| High-Conviction Setup — Filter Configuration | |
| Moving Average Trend | Uptrend |
| Relative Strength Index (14) | Bullish (above 70) |
| 20-Day MA | Bullish |
| 50-Day MA | Bullish |
| 100-Day MA | Bullish |
| Rate of Change (Momentum) | Strong Bullish |
| Breakout | Strong or Major Breakout |
| Volume Anomaly | Moderate or Major Anomaly |
What you get: A short list of stocks with every indicator aligned and volume confirming the move. Expect 3–15 results. These are your highest-probability setups.
The Breakout Hunter Setup
For stocks that are just starting a new move:
| Breakout Hunter Setup — Filter Configuration | |
| Moving Average Trend | Uptrend |
| 20-Day MA | Bullish |
| 50-Day MA | Bullish |
| Relative Strength Index (14) | Elevated (50–70) |
| Rate of Change (Momentum) | Strong Bullish |
| Breakout | Major or Strong Breakout |
| Volume Anomaly | Moderate or Major Anomaly |
What you get: Stocks breaking above key resistance levels with strong volume and a confirmed uptrend structure — early entries into potentially large moves.
The Oversold Bounce Setup
For stocks that have fallen hard and may be due for a reversal:
| Oversold Bounce Setup — Filter Configuration | |
| Relative Strength Index (14) | Bearish (below 30) |
| Rate of Change (Momentum) | Mild Bearish or Neutral |
| Moving Average Trend | Neutral or Uptrend |
What you get: Stocks at oversold extremes where selling pressure may be exhausted. Always validate with a chart before trading — oversold does not automatically mean it will bounce.
Reading the Results Table
Each row in the results shows:
| Column | What It Shows |
|---|---|
| Ticker | ASX ticker code (clickable to open the company page) |
| Price | Last traded price in AUD |
| CHG% | Day's percentage price change (green for up, red for down) |
| 20-Day MA | Bullish (price above) or Bearish (price below) the 20-day moving average |
| 50-Day MA | Bullish (price above) or Bearish (price below) the 50-day moving average |
| 100-Day MA | Bullish (price above) or Bearish (price below) the 100-day moving average |
| RSI(14) | Exact RSI value on a 0–100 scale |
| Trend | MA alignment signal — Uptrend, Downtrend, or Neutral |
| Momentum | Rate of Change signal — Strong Bullish, Mild Bullish, Neutral, Mild Bearish, or Strong Bearish | | Breakout | Breakout signal — Major Breakout, Strong Breakout, Mild Breakout, or Weak | | Volume Anomaly | Volume signal — Major Anomaly, Moderate Anomaly, Mild Anomaly, or Normal Volume |
Signal badges are colour-coded — green for bullish signals, red for bearish, and grey for neutral.
Pro Tips
| 💡 Screener Pro Tips | |
| Start with Moving Average Trend | Set Moving Average Trend to Uptrend first. This single filter removes every stock without clean MA alignment and gives you a structurally sound starting list to refine further. |
| Combine MA Trend + RSI | Moving Average Trend confirms the structural setup; RSI confirms the momentum. Uptrend + Bullish RSI is the simplest high-quality combination in the screener. |
| Fewer filters = more results | More active filters = fewer, higher-quality results. Start broad and tighten until you have 10–30 stocks to review. |
| Volume is the truth test | Any bullish signal — especially breakouts — is stronger when accompanied by a Volume Anomaly. If price is moving but volume is normal, treat it with caution. |
| Don't trade the list directly | The screener narrows 1,500+ stocks to a shortlist. Your job is to open charts and pick the 1–3 best setups. Look at the pattern, check for news, verify your entry level. |
| Run at market close | ASX opens at 10am AEST. Running the screener at close gives you a clean list to review overnight and prepare your watchlist for the next session. |
| Adjust for conditions | In a strong trending market, use tighter filters (Strong Bullish momentum, Major Breakout). In choppy markets, loosen up or focus on the oversold bounce setup instead. |
| Track what works | Over time, note which filter combinations produce your best trades. The screener is a tool — the edge comes from learning which setups suit your style. |
Quick Reference — Signal Summary
| Filter | Bullish Signals | Bearish Signals | Neutral |
|---|---|---|---|
| Moving Average Trend | Uptrend | Downtrend | Neutral |
| Relative Strength Index (14) | Bullish (above 70), Elevated (50–70) | Bearish (below 30) | Neutral (30–50) |
| MA (20/50/100) | Bullish | Bearish | — |
| Rate of Change (Momentum) | Strong Bullish, Mild Bullish | Strong Bearish, Mild Bearish | Neutral | | Breakout | Major, Strong, Mild Breakout | — | Weak | | Volume Anomaly | Major, Moderate, Mild Anomaly | — | Normal Volume |
The screener finds the candidates. Your analysis picks the winners.