Resistance Stock Scans
These scans identify stocks which either failed at a moving average (x DMA Resistance) or those which were able to break through (Crossed Above x DMA) resistance.
The "BB Squeeze + Upper Band Touch" scan identifies stocks which are in a a Bollinger Band Squeeze and also touched their upper band. That is a scenario which can frequently lead to price reversing toward the lower band.
The "Multiple of Ten Bearish" scan finds stocks which were rejected by a "round" number (10, 20, 30...), which are often key psychological levels. That's a good one to use in a Combo Scan along with something like a Shooting Star, Stochastic Sell Signal or one of the moving average resistance scans.
Name | Description |
---|---|
20 DMA Resistance | Price rose above the 20-day moving average but fell back and closed under the MA |
200 DMA Resistance | Price rose above the 200-day moving average but fell back and closed under the MA |
50 DMA Resistance | Price rose above the 50-day moving average but fell back and closed under the MA |
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 200 DMA | Price rose above the 200-day moving average |
Crossed Above 50 DMA | Price rose above the 50-day moving average |
Expansion Pivot Buy Setup | Rules (via 'Hit & Run Trading'):
|
Multiple of Ten Bearish | Stocks which Hit Resistance at, or Fell Below a Multiple of Ten |
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