The Best Swing Trading Stocks List was updated on August 30, 2022. It is updated near the end of each month.

These are the best stocks for swing trading based on two different scanning methods. The stocks discussed often provide ample swing trading opportunities throughout the month.

• US stocks showing high relative strength and large daily movement compared to the S&P 500.
  
  
• US stocks that are WEAK and dropping, potentially better for shorting.

I’ll add more sections, such as a Canadian list, over the next several weeks.

These lists are focused on stocks that move a lot and have strong recent trends.

If you’re looking for a way to trade these types of stocks, consider the Trend Trading Strategy for High Momentum Stocks.

Best Swing Trading Stocks List – High Relative Strength

So you can always see updated charts, I have uploaded the ticker symbols to a list on Finviz. You can save the list, sort it, and filter it further if you wish. Here is the current list on Finviz. There are 55 stocks.

Note: Finviz draws its own lines on the charts in some of the views. Those are not my lines or analysis. Always do your own analysis and don’t rely on their automated trendlines etc.

The stocks are also listed below. If you need a copy of the symbols to plug into your own software, you can copy them off the Finviz Tickers (top right in Finviz Screener) using the link above.

Here’s a sampling of the stocks on the list at the time of publication (alphabetical order).

The stocks are selected based strong recent relative performance to the S&P 500. If I’m going to buy something I want it to have some “oomph” behind it.

They also have:

• Daily average volume above 1 million shares
• A price above $5
• Trading above key moving averages
• large intraday range compared to the S&P 500 (string a few big days together for a nice juicy profit)

The list is not currently in any particular order. You can sort it and analyze the charts using the Finviz link above.

Even one good trade a week from the list is more than enough to make a great return over the course of a year assuming a solid reward:risk on the trade. These stocks are all moving so it’s tempting to trade a lot and end up overtrading. Trade them how you wish, but also try to focus on only your favorite setups each week.

For stocks that tend to “run” quickly, an aggressive trailing stop loss can also be an effective exit method.

Best Swing Trading Stocks List – Stocks That Are WEAK

This list is more focused on stocks that are very weak, for those more inclined to short. I don’t generally short stocks when the indices are moving up strongly. But it is handy to have a list of potential short trades for if things get ugly.

Only short if you know what you’re doing. Heavily shorted stocks can rise quickly if the shorts get spooked.

Here is the current list of WEAK swing trading stocks in Finviz so you sort and play around with them yourself and see the updated charts. 49 stock on the list.

Here is a sampling of the stocks on the list at the time of publication (alphabetical order).

The stocks are selected based on weak recent relative performance to the S&P 500. If I’m going to short to something I want it to be licking dirt already. I don’t like shorting high-flyers. The easier money tends to be in shorting stocks that are already weak, break lower, and drop hard for a few days. The sample charts highlight this. Most of these stocks are in longer-term downtrends than what is shown on the 3-month charts above.

They also have:

• Daily average volume above 1 million shares
• A price above $5
• Trading below key moving averages
• large daily average movement (string a few big days together for a nice juicy profit)

The list is not currently in any particular order. You can sort it and analyze the charts using the Finviz link above.

Some Guidelines on Swing Trading Stocks

As mentioned at the top, how you swing trade these is up to you.

If you are interested in swing trading and want guidance, check out the Complete Method Stock Swing Trading Course.

When the market indices (like S&P 500) are rising I prefer to focus on strong stocks. When the market indices are falling, sit out or consider shorting the weak stocks.

Each weekend I publish a “Market Health Outlook” which looks at the state of the market and whether I’m buying or not. You can watch for those to pop on weekends on the TradeThatSwing hompage.

To control risk, manage the position size relative to the stop loss that is being used. A stop loss is an order that gets us out of a trade if the price doesn’t move as expected.

Consider what order types you will use. I generally use a stop limit order to enter my positions. The Stop portion (not to be confused with a stop loss) gets me in as the price is moving in the direction I want, and the Limit portion of the order controls the price I pay.

I don’t hold swing trades through earnings announcements. I feel it’s too risky because we don’t know how the stock will react. There are ways to take advantage of the movement that comes after the earnings announcement…those methods are discussed in Earnings Drift Trading Strategy.

Hope this helps you out. And if you have ideas that would make for a good swing trading stock list, and you want to see it updated monthly on this page, leave your suggestion in the comments.

Happy Swing Trading!

The Passive Stock Investing Using ETFs eBook shows how to invest using a buy-and-hold strategy to compound money in the background—in good market conditions and bad—with little effort.

You’re already swing trading or day trading, BUT DO THIS ALSO! Build that nest egg.

Cory Mitchell, CMT

Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage. Affiliate links are used on the site.