Stock Market Guides, a company that offers stock marketscanning software, has announced the latest improvement to its proprietarystock scanner technology. Their stock scanner not only finds trade setups inreal time that are popular among active traders, but it also now shows how eachof those trade setups performed historically according to backtest research.

According to Andy Yuda, a Senior Consultant at Stock MarketGuides, "One example of a scan we offer is for oversold stocks based ontheir RSI indicator. It's a popular trade setup for many active stock traders.Before you pull the trigger on buying a stock that's oversold, wouldn’t youwant to know how that stock has performed historically when it’s been oversold?If that stock doesn't have a track record of success historically for thattrade setup, why buy it now? That historical performance is the information ourscanner brings to light.”

This new technology is available not only for active stocktraders, but also for buy-and-hold investors as well as option traders. Thescanner at Stock Market Guides caters to trade setups based on technicalanalysis, like chart patterns and stock indicators, as well as investmentsbased on fundamental analysis, like price-to-earnings ratios and earningsgrowth.Customerscan also enable the scanner to pick trades for them. This is offered for bothstocks and stock options.

This scanner technology upgrade is the latest feature thatStock Market Guides has made available to retail investors. They alsooffer free educational guides that cover everything from how to buy stocks allthe way to how to calculate advanced stock market indicator values.

About Stock Market Guides

Stock Market Guidesis based in Altadena, California, and has been offering stock scanning servicesto the public since 2023. Prior to that, its founders did years of research anddevelopment that led to the creation of the business and its offerings.

For more information about Stock Market Guides and itsrange of educational content and services, users can visithttps://www.stockmarketguides.com. Stock Market Guides continues to provideeducational content aimed at supporting informed financial decision-making forits readership.