Breakout Stock Scans
This collection of scans is used to find stocks which have broken through resistance based on some criteria. That could be price rising above a moving average, crossing above the upper Bollinger band, or making a new high in price. Momentum-based traders may want to use these signals as entry criteria. On the contrary, some bearish contrarians may want to use these signals as part of their own short-selling entry criteria to catch bulls off-guard in whipsaw situations.
Name | Description |
---|---|
Above Upper BB | Stocks which closed above their upper Bollinger Band. |
BB Squeeze + Lower Band Touch | Stocks in a Bollinger Band Squeeze which touched the lower band. |
BB Squeeze + Upper Band Touch | Stocks in a Bollinger Band Squeeze which touched the upper band. |
Crossed Above 20 DMA | Price rose above the 20-day moving average |
Crossed Above 50 DMA | Price rose above the 50-day moving average |
Expansion Breakout | Rules (via 'Hit & Run Trading'):
|
Expansion Pivot Buy Setup | Rules (via 'Hit & Run Trading'):
|
New 52 Week Closing High | Price made a new 52-week closing high |
New 52 Week High | Price made a new 52-week high |
Upper Bollinger Band Walk | Stocks which are walking up their upper Bollinger Bands |
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