We describe a way of detecting the location of localized eigenvectors of the eigenvalue problem Ax = λx for eigenvalues λ with |λ| comparatively large. We define the family of functionswhere α ≥ 0 is a parameter and e k = (0, 0, . . . , 0, 1, 0, . . . , 0) is the kth standard basis vector. We prove that eigenvectors associated with eigenvalues with large absolute value localize around local maxima of f α : the metastable states in the power iteration method (slowing down its convergence) can be used to predict localization. We present a fast randomized algorithm and discuss different examples: a random band matrix, discretizations of the local operator − + V , and the nonlocal operator (− ) 3/4 + V .