What Are Combination Screeners for Indonesian Stocks on Pluang?
Combination Screeners blend fundamental and technical criteria into a single filter, so a stock only appears in the result if it passes both a financial health test and a price-action test at the same time. Pluang offers exactly two: Strong Fundamental Near 52-Week Low, which looks for oversold-but-financially-solid companies with strong 5-year fundamentals trading near their yearly low, and Momentum Stocks, which looks for stocks already trending up on confirmed technical signals. The two are deliberately built to sit on opposite ends of an investing philosophy — one is a contrarian, value-oriented screener, the other is trend-following and growth-oriented — so they're meant to be used situationally depending on your own approach rather than run together as a single strategy. Because each requires multiple conditions across two different data types to all be true simultaneously, Combination Screeners typically return a narrower, more concentrated result list than a single-category Fundamental or Technical screener would on its own.
The two Combination Screeners and their criteria:
| Screener | Criteria | Investment thesis |
|---|---|---|
| Strong Fundamental Near 52-Week Low | 5-year revenue growth > 15% AND 5-year average ROE > 15% AND current price within 20% of 52-week low | Quality companies the market has temporarily marked down — a "value at a discount" play |
| Momentum Stocks | Price above 50-day MA AND price above 200-day MA AND RSI 60–80 AND price making new 52-week highs | Stocks in a confirmed uptrend with healthy (not overheated) momentum and breakout strength |
Why "combination" matters: a pure Fundamental screener can return cheap-but-falling stocks with no confirming price action, while a pure Technical screener can return momentum with no underlying business quality behind it. Combination Screeners try to catch the intersection — stocks where both the financial lens and the price-action lens agree at the same time, which is a stricter bar than either lens alone.
Related questions:
Q: Should I always prefer Combination Screeners over single-category ones?
Not necessarily. Combination Screeners apply tighter, multi-condition criteria, so they typically return fewer matching stocks than a single Fundamental or Technical screener would. Use a single-category screener when you want a broader list of candidates to research, and switch to a Combination screener specifically when you want to narrow that list down to the strongest overlapping cases.
Q: Is "Strong Fundamental Near 52-Week Low" a buy signal from Pluang?
No. The screener flags companies whose 5-year fundamentals look strong while the current price sits near a 52-week low — but a stock can be near its low for a real reason, such as a regulatory issue or a sector-wide headwind that hasn't shown up in the historical financial data yet. Investigate the specific cause before treating any match as an opportunity.
Q: What's the difference between Momentum Stocks and the Trend-Following Screener?
Trend-Following only checks whether the 20-day, 50-day, and 200-day moving averages are aligned in an uptrend plus a strong ADX reading. Momentum Stocks adds two extra conditions on top of that basic trend check — RSI between 60 and 80 for healthy (not overbought) momentum, and the stock making new 52-week highs for breakout confirmation — making it a tighter, more selective setup.
Q: Do Combination Screeners refresh in real time?
Only partly. Live price and intraday RSI update continuously during market hours, since those feed directly from the live price feed. Moving averages, 52-week high/low levels, and the 5-year fundamental metrics (revenue growth, average ROE) each update on their own separate schedules — daily at market close for the technical figures, and quarterly or annually for the fundamentals.