3-Month Momentum Leaders
Top decile 63-day return, above 50 SMA.
Exact criteria (as backtested)
| Universe | S&P 500 + Nasdaq 100 (current members) |
| Price | > $5 |
| 20d avg $ volume | > $5M |
| 63-day return | Top 10% of universe |
| Close | > 50 SMA |
Backtest · 2021-10-13 → 2026-10-12
How we testEqual-weight trade curve (weekly, 1.0× = start). Each signal held 5 sessions; daily return = mean of open positions. No fees, slippage or taxes. Survivorship-biased universe. Not indicative of future results.
Copyable platform settings
Perf. 3M sorted desc (top 10%), Price > SMA50ta_perf=13wup,ta_sma50=pa&o=-perf13w(close/close[63]-1) top-ranked; close>Average(close,50)Finviz strings are URL filter codes (append to finviz.com/screener.ashx?v=111&f=). ThinkorSwim strings are thinkScript scan conditions. Platform equivalents may differ slightly from the backtested definition; verify before use.
Most recent signals in backtest
How the 3-Month Momentum Leaders screen works
The 3-Month Momentum Leaders screen is a momentum setup: top decile 63-day return, above 50 SMA. A stock qualifies on a given day when every condition is true at the close: 63-day return Top 10% of universe; close > 50 SMA. To keep results tradable, only S&P 500 and Nasdaq-100 members above $5 with more than $5M of average daily dollar volume are included.
Across 518 tickers from 2021-10-13 to 2026-10-12, the screen fired 59,212 times on 503 different stocks. 51.9% of signals were higher five sessions later, ranking #17 of 25 screens on SetupHits by hit rate. The average 5-day move was +0.41% (median +0.21%), ahead of SPY's +0.23% over the same days, and the equal-weight trade curve's worst drawdown was -30.0%.
Setup is copy-paste: TradingView, Finviz, ThinkorSwim versions are listed above. In TradingView use the string in the Stock Screener filter or a Pine condition; in Finviz append the filter codes to the screener URL; in ThinkorSwim paste the thinkScript into a Stock Hacker custom study filter. Platforms compute indicators slightly differently, so expect small differences in the hit list.
Treat these numbers as context, not a forecast. The backtest uses daily bars, ignores commissions and slippage, overlaps signals on the same stock, and tests today's index members back in time, which adds survivorship bias. A mostly rising 2021–2026 market also lifted most long setups.
Full test rules: methodology. Compare every setup in our ranked list of stock screeners.
FAQ
What is the 3-Month Momentum Leaders stock screener?
Top decile 63-day return, above 50 SMA. It is a momentum screen evaluated on daily closes for S&P 500 and Nasdaq-100 stocks.
What is the 3-Month Momentum Leaders backtest hit rate?
51.9% of 59,212 signals between 2021-10-13 and 2026-10-12 closed higher 5 trading days later, with an average 5-day move of +0.41% and a max drawdown of -30.0%.
How do I set up the 3-Month Momentum Leaders screen in TradingView, Finviz or ThinkorSwim?
Copy the platform string on this page: TradingView, Finviz, ThinkorSwim settings are provided. Results can differ slightly because each platform calculates indicators its own way.
Is the 3-Month Momentum Leaders screen good for day trading?
It is an end-of-day screen measured over a 5-day hold, so it suits swing trading or building a next-day watchlist more than intraday entries. Past, simulated results do not predict future returns.