Fundamentals scan
Value Stocks in an Uptrend Screener
This scan finds stocks with a P/E ratio below 20, earnings per share growth above 15%, and a price above the 200-day moving average.
The exact rule
Type this in Chalni: pe below 20 and eps growth above 15% and close above 200 day sma
- P/E < 20
- EPS growth % > 15
- Close > SMA(200)
Find US stocks where the P/E ratio is below 20; and EPS growth (%) is above 15; and the closing price is above the 200-day simple moving average.
Formula view
pe_ratio < 20
AND eps_growth_pct > 15
AND close > sma(close, 200)- 200-day SMA
- Shaded day: the scan fired
What it means
Cheap stocks can stay cheap for years. This scan mixes three views: a fair price (P/E below 20), a growing business (EPS growth above 15%), and a market that agrees (price above the 200-day average).
The trend rule is the big difference from a classic value screen. It skips cheap stocks that are still falling, which are often value traps.
How traders use it
- A starting list for investors who want value and momentum together.
- Compare the P/E with the stock's own history and its industry, not just with one number.
- Check that the earnings growth is real and repeatable, not a one-time gain.
Watch out for
- Company numbers change only every quarter, while prices change every day.
- A low P/E can mean the market expects profits to fall.
Test it before you trust it
Every scan in Chalni sits an exam. First it runs on older data, the practice: each time it picks a stock, the stock is held for 10 trading days and 0.2% is paid in costs. Then it runs on newer data it has never seen, the exam. A scan that only works in practice has just memorised the past.
See the practice and exam results for this scan in the demo (on sample data; real data comes at launch).
Questions
What is a good P/E ratio?
It depends on the industry and on growth. Below 20 is moderate in many markets; fast growers often trade higher, and slow or risky businesses lower.
Why add a trend filter to a value screen?
To avoid value traps: stocks that look cheap but keep falling. A price above the 200-day average shows buyers are already interested.
Related scans
- FundamentalsGrowth at a fair priceProfits growing over 25% a year, a fair P/E, and a healthy chart.
- FundamentalsQuality: high ROE, low debtEarns well on its capital, low debt, healthy chart.
- FundamentalsDividend payers in an uptrendPays over 4% a year and the price trend is up.
- FundamentalsSmall-cap leadersSmaller companies that beat most of their market.