Schaeffer's Contrarian Stock Screener

A member recently suggested I take a look at Schaeffer's Contrarian Stock Screener and I have to admit I've enjoyed playing around with it.

The screener's approach is different than what you'll find in other online tools because you start by picking a sentiment bias first:

The second step requires you to filter the candidates in order to narrow down the selection (like restricting only to oversold stocks and stocks that trade with minimum price and volume and more):

The third and final step is to select the indicators you want displayed along with the results (some of these are different than what you'll find in other screeners):

Then you get the results:

In this environment I think a stock screener of this nature can be useful. For example, situations where the analysts are uniformly bearish and which have already pounded those stocks to extreme oversold levels have been seeing some interest of late as you already must know from looking through this week's big upside movers. Check it out!