1. Not Investment Advice
ATH Scanner (the "Service") is an information and educational tool that provides automated, algorithm-generated technical signals based on publicly available historical price data. The Service identifies stocks breaking or approaching all-time highs and displays calculated reference values such as "Buy Target" and "Stop Loss" prices and projected trend returns.
Nothing on this Service constitutes investment advice, financial advice, trading advice, or any other sort of advice. The information provided is general in nature, is the same for all users, and does not take into account your individual financial situation, investment objectives, risk tolerance, tax situation, or any other personal circumstances.
ATH Scanner is not a registered investment adviser, broker-dealer, financial planner, or any other regulated financial services provider in any jurisdiction. We do not have, and do not establish, a fiduciary, advisory, or any similar relationship with you.
2. Algorithmic Output, Not Recommendations
All signals, prices, charts, scores, and metrics displayed by the Service are the output of automated calculations applied to historical market data. They are:
- Not predictions of future price movements.
- Not recommendations to buy, sell, or hold any security.
- Not personalized to you or any user.
The terms "Buy Target," "Stop Loss," "Trend Return," "Performance," and similar terminology are technical labels for the output of our algorithms. They are not instructions, recommendations, or guarantees.
3. Risk of Loss
Trading and investing in securities involves substantial risk of loss and is not suitable for every investor. You can lose some or all of the money you invest. Past performance, backtests, simulated results, and historical breakout patterns are not indicative of future results.
In particular:
- Stocks at all-time highs may continue to rise, fall sharply, or trade sideways. There is no statistical guarantee that an all-time-high breakout will lead to further gains.
- "Stop Loss" levels do not protect against gaps, slippage, low liquidity, or other market conditions that may cause your actual exit price to differ materially from the calculated stop.
- The Service does not account for transaction costs, taxes, currency conversion, dividends, corporate actions, or other factors that affect real-world returns.
4. Your Sole Responsibility
You are solely responsible for any investment or trading decisions you make. Before acting on any information from the Service, you should:
- Conduct your own research and due diligence.
- Consider your personal financial situation, objectives, and risk tolerance.
- Consult a licensed financial adviser, tax adviser, and/or legal professional in your jurisdiction.
By using the Service, you acknowledge that you understand the risks involved and that you are making your own independent investment decisions.
5. Data Accuracy
We use third-party data sources to power the Service. While we make reasonable efforts to ensure accuracy, we do not warrant that the data is complete, accurate, timely, or free from errors. The Service is provided "as is" and "as available," without warranty of any kind, express or implied.
6. No Solicitation
The Service is not, and should not be construed as, a solicitation, offer, or recommendation to buy or sell any security. Information on the Service is not directed at, and is not intended for distribution to or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.
7. Jurisdictional Notices
United States: ATH Scanner relies on the "publishers' exclusion" under Section 202(a)(11)(D) of the Investment Advisers Act of 1940. The Service provides impersonal, general-circulation financial information and is not, and does not hold itself out to be, an investment adviser. We are not registered with the SEC, FINRA, or any state securities regulator.
European Union and EEA (including Spain): The Service provides general financial information and does not constitute investment advice under MiFID II (Directive 2014/65/EU) or any national transposition thereof. ATH Scanner is not authorized as an investment firm or financial adviser by the CNMV (Spain) or any other competent authority in the EU/EEA.
United Kingdom: The content is not a financial promotion as defined under the Financial Services and Markets Act 2000. ATH Scanner is not authorized or regulated by the Financial Conduct Authority (FCA).
Other jurisdictions: Users outside the above regions are responsible for verifying that their use of the Service complies with local laws and regulations. The Service may not be appropriate or available in all jurisdictions.
8. Limitation of Liability
To the maximum extent permitted by applicable law, ATH Scanner, its operators, and its affiliates shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising out of or in connection with your use of the Service, including but not limited to investment losses, lost profits, or lost opportunities, even if advised of the possibility of such damages.
Some jurisdictions do not allow the exclusion or limitation of certain damages. In those jurisdictions, our liability is limited to the maximum extent permitted by law.
9. Acknowledgment
By accessing or using the Service, you confirm that:
- You have read, understood, and agreed to this Disclaimer.
- You are using the Service at your own risk.
- You will not rely on the Service as the sole basis for any investment decision.
- You are of legal age to enter into binding contracts and to trade securities in your jurisdiction.
10. Contact
For questions about this Disclaimer, contact [OPERATOR_EMAIL].