Trendlyne is a trusted investment platform used by investors and analysts. It tracks the quality of stocks using an automated system and offers screener strategies and tools designed to potentially maximize your returns.
Key features of Trendlyne include:
Stock Screeners: Create custom screeners from 1500+ parameters.
Insights: Gain powerful insights into stocks and portfolios with tools like Portfolio Analysis, Compare Stocks, Buy/ Sell Zones, Events Calendar, Data Downloader, News and much more.
Forecaster Estimates: Get detailed analyst estimates for price targets, revenue, net profits, EPS, dividends, cash flows, capital expenditure, interest expenses, depreciation, and more.
Superstar Alerts: Keep track of all superstar shareholding changes and insider deals.
Using pre-built stock screeners
Stock screeners allow users to filter stocks based on specific queries. For instance, users can build screeners from 1500+ parameters to find stocks with particular technical and financial characteristics, or those showing red flags like unusual loss and profit fluctuations. These screeners automatically update as the metrics change.
Users can select from various stock universes in both pre-built and custom screeners to focus on specific groups of stocks, such as those in a watchlist, portfolio, sectors, industries or major indices like the S&P 500, Dow Jones, and more.
Examples of pre-built screeners
Companies that saw improvement in net profits, operating profit margin and revenues in the most recent quarter: This screener tracks companies that have announced results in the past two weeks, with an increase in operating profit margin and net profit growth.
Query for this screener:
Operating Profit Qtr Margin% QoQ Change > 15 AND
Operating Revenue Qtr > 200 AND
Net Profit Qtr Growth YoY % > 10 AND
Revenue Growth Qtr YoY % > 10 AND
Result Declared date > 20231030
Users must subscribe to save or run this screener. Explore all Live Result Stock screeners here.
Technical screener tracking Negative Breakdown First Support: This screener identifies stocks seeing a negative price breakdown below the first support level.
The query for this screener:
Current Price < First support S1 AND
Current Price > Second support S2
Users can duplicate this query to add it to their watchlist. Check out other Technical Stock Screeners here.
Shareholding screener tracking Promoters increasing shareholding QoQ: This screener finds stocks where promoters are increasing shareholding on a QoQ basis.
Query for this screener:
Promoter holding change QoQ % > 0.1
Users can copy this screener to their watchlist.
Another example is a query that filters stocks in the top 25% of the equity universe for technical momentum, along with notable profit and revenue growth over the past four quarters.
Query for this screener:
Operating Revenue growth TTM % > 15 AND
Net Profit TTM Growth % > 15 AND
Trendlyne Momentum Score > 70.
This dynamic screener updates based on new financial data and changes in momentum.
Creating multiple watchlists
Subscribers can create numerous watchlists based on their preferences. This feature is particularly beneficial for users who wish to monitor various types of stocks. For instance, a user might choose to create separate watchlists for long-term and short-term investments. Here is a simple guide on creating one or multiple watchlists:
Select Watchlist from the tabs in the navigation bar.
At the top right of the page, click ‘Create New Watchlist’.
Enter a title in the ‘Watchlist Title’ box. Optionally, add a description in the ‘Watchlist Description’ box and click ‘Submit’.
Add stocks to your watchlist by typing the stock name in the ‘ADD TO WATCHLIST’ box. Stocks will be added as you select them. Multiple stocks can be included in a single watchlist.
To create additional watchlists, repeat the steps above using different names for each.
To view stocks from all watchlists, select a specific list or 'All' from the 'SELECT WATCHLIST' box.
Setting up screener alerts
Investors can receive notifications for all stock entries and exits within a screener by setting up a screener alert. To activate the alert, follow these steps:
Click on the desired screener.
Locate and click on the bell icon at the top right corner of the page.
Interval: Select how frequently you receive alerts by choosing from options like 15 Min, 30 Mins, Hourly, Daily, etc., available in the drop-down menu.
Group: Choose a stock group, Index, Portfolio, or Watchlist to receive screener alerts.
Type: Set the alert based on specific criteria such as the entry or exit of stocks from the screener.
Once you have selected your preferences, click ‘Add Alert’ to save the alert settings for your screener.
Creating your own screener
Screeners help investors choose stocks based on specific investment criteria. Pre-built screeners with strong returns from experts are available here.
Navigate to the Stock Screeners tab.
Click on Create New Stock Screener.
Browse the parameter list or enter desired parameters in the ‘Write Query’ box to see suggestions in a drop-down.
For example, to filter for companies with 10% increase in share price over three months, with rising net profit growth, enter this query:
Net Profit QoQ Growth % > 0 AND
Net Profit Qtr Growth YoY % > 0 AND
Qtr Change % > 10
Click on ‘Try this query’ to view stocks that meet these criteria. Modify the query as needed until you achieve satisfactory results.
Click on ‘Next: Step 2’. Name your screener in the 'Title' section. To share it publicly, check the ‘Make Public’ box; otherwise, it remains private.
Optionally, add a description in the ‘Description’ box.
To add more columns, click on ‘Select column to add’ and select parameters.
Investors can also select a particular group of stocks from ‘Select your preferred default stock universe’. This feature is also optional. You can choose an index (like S&P 500), a sector (like FMCG), your portfolio, a specific watchlist, or all your watchlists.
Click on ‘Save and Finish’. The page will automatically direct you to the screener you have created.
To add alerts, click on the bell icon on the right-hand side corner of the page.
Use the ‘Edit’ icon to change the screener's name, description, parameters, or stock group. After making changes, click on ‘Update & Save’.
Running a screener on any watchlist
Trendlyne enables subscribers to run screeners on any individual or multiple watchlists. Here’s a step-by-step guide on how to execute this feature:
Click on ‘Stock Screeners’
Select ‘Create New Screener’
Enter your query using the available parameters as per your requirements and click on ‘Try this query’.
Click on ‘Next: Step 2’.
On page 2 of the screener creation process, look for the option ‘Select your preferred default stock universe’. Here, you can select any specific watchlist on which you want to run the screener.
Alternatively, select ‘All Watchlist’ to apply the screener across all your watchlists, then click on ‘Save & Finish’.
Setting up an Alpha Alert
The Alpha Alerts feature allows you to set real-time alerts for stocks in portfolios, watchlists and indices in a single click.
Here’s how to configure alpha alerts:
Click on ‘Alpha Alerts’ in the main navigation bar.
Select the Stock Universe.
Select the parameter, their values, and the desired frequency to set up the alerts.
The user gets an option to select from different parameters as per their needs. Alerts can be set for daily, weekly, or monthly changes in a stock’s performance.
Setting up a Superstar Alert
For users interested in tracking the investment activities of large investors, i.e. superstar investors like Warren Buffett, Trendlyne offers the Superstar Alert feature. This alert notifies you of any changes in the portfolios or transactions of these investors. Here’s how to set up a Superstar Alert:
Click on the Superstars tab.
Select ‘Add Superstar Alert’.
In the ‘Modify Alert’ section, select whether you wish to receive daily or weekly alerts.
Users receive a single email or notification summarizing all the changes made by various superstars.
Analysing portfolios
Portfolio analysis on Trendlyne is accessible via the ‘Portfolio Pivot’ tab. It offers detailed insights based on five key parameters:
Decision Analysis: The Decision Analysis tab has three different sub-sections, Buy Decision, Hold Decision, and Sell Decision.
Buy Decision Analysis: Evaluates the quality and timing of stocks purchased, grouping buy decisions by financial year and segmenting them by returns generated. It offers insights into optimal holding periods and the percentage of buy decisions yielding returns over 15%(or a % selected by the user). To generate the report, select the account name and the starting financial year.
Hold Decision Analysis: Assesses the quality of hold decisions by analysing stock returns over time. Returns underperforming the user's desired percentage (default 15%) are highlighted in red. To generate this report, select your portfolio account and the starting financial year. Now click on ‘Generate Report’.
Sell Decision Analysis: Reveals the performance of stocks post-sale, helping determine if stocks were sold too soon or too late and how they performed against the market afterward.
Portfolio NAV: Tracks the market value of the portfolio over a given period, adjusting for losses and dividends. The Portfolio NAV feature allows you to generate your own NAV and compare it with selected indices.
Rolling Returns: Provides a clearer perspective on portfolio performance over time, free from the bias of recent results. To utilize this feature, select an index for comparison from the 'Select Index' option, add the account name under 'Select Your Account', specify the duration in 'Select Duration', and then click 'Generate Report'.
Growth Trend: Assesses the overall growth of your portfolio by calculating a weighted average of the growth rates of the companies in it over a specified period. It identifies the growth laggards and leaders. To access this report, select your account and the desired date range, and then click 'Generate Report'.
Valuation Trend: The Valuation Trend or the Long Term PE calculates the share price of stocks relative to their average earnings per share over several years. This method provides a more stable and cautious measure of a stock's value compared to the simple historical PE, as it reduces the impact of recent fluctuations in performance.
Calendar: Allows you to monitor key dates for corporate actions such as dividends, split, board meetings, and forthcoming results. To use this tool, select a date range, choose the type of corporate actions you want to track, select the group of stocks, and then click 'Generate Report'.
Creating multiple portfolios
Subscribers can create multiple portfolios according to their investment needs. Here’s how to set up various portfolios:
Click on the Portfolio tab.
You will be directed to the ‘Portfolio’ section.
In the right corner of the ‘Portfolio’ page, click on ‘New Account’ to create a new portfolio.
Enter a name for your new portfolio in the ‘Portfolio Name’ box. Optionally, provide a description in the ‘Portfolio Description’ box and click ‘Submit’.
After creating a new portfolio:
Click on ‘Add Stocks’’ in the right corner to add stocks to that particular portfolio.
Choose the portfolio you wish to add stocks to from the ‘Portfolio’ dropdown.
Enter the stock name in the ‘Entity’ box, the transaction date in the ‘Transaction Date’ box, the number of shares in the ‘Quantity’ box, and the purchase price in the ‘Price’ box.
Optional: For additional records, you can enter details in the ‘Notes’ box.
Click ‘Submit’ to confirm and save.
To add stocks to a different portfolio, simply repeat the steps above.
Knowing about Results
The Results section of Trendlyne provides a comprehensive analysis of stock performances, allowing users, subscribers, and investors to examine the latest quarterly results across various companies. Here’s a walkthrough:
Filter: Use this tool to narrow down results by watchlist, portfolio, or index. Users can select stocks based on market capitalization, presence in futures & options, specific indices, or sectors/industries.
Time-based analysis of results as they come in: This subscriber-only feature offers updated analyses of stock results as they are reported:
Analyse Today’s Results: Subscribers can access results declared on the current day.
Analyse Last 2 Days Results: This feature provides a detailed review of results announced within the last two days, focusing on the ongoing quarter.
Analyse Last 1 Week Results: Offers a detailed report on stocks that have declared results in the past week, highlighting the performance leaders and laggards for the last quarter.
Industry-level insights: Users can also view the Number of Results Declared, Positive Profit Growth, Negative Profit Growth, Total Revenue Growth, Total EBIDT Growth and Total Operating Profit Growth across industries. Click here to view all industries. Click on any industry chart for detailed stock-level summaries, including YoY revenue growth, net profit growth, and operating profit growth.
Results based stock Screeners: Located below the industry details on the main page, these screeners filter stocks based on different parameters.
