Strong Stocks Nearing Resistance Line

Strong Stocks Nearing Resistance Line Image
RUN IN STOCK SCREENER
(60)

Stocks with high relative strength, nearing a predefined resistance line (close < 3% from resistance)


Stock Screener Settings

Resistance Length: R1 Length > 50

The length of a line specifies how long the resistance is, expressed in the same unit as the time frame.

Signal: Strong Stocks

A high relative strength and a consistent performance over the last year

Price: Above 5

Minimum Price filter

Resistance: close 3% from R1

close to predefined resistance levels

Average Volume: 50 SMA > 500K

to ensure enough liquidity

Resistance Strength: R1 Strength > 2

The strength is determined by measuring how many times the resistance line has been tested in the past.

Exchange/Fund: US Only

Personal Preference

RUN

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.