Reversal on Volume

Reversal on Volume Image
RUN IN STOCK SCREENER
(2)

Based on VPA's concept of stopping volume, this screener looks for stocks in a downtrend that have completed a price reversal under increased volume, showing a strong close.


Stock Screener Settings

Price: Above 5

excludes penny stocks

ChartMill Trend: Short Term Trend Negative

Short term trend negative

Average Volume: 50 SMA > 200K

Liquidity

(volume>smaVolume50)

Higher Volume

(previousClose<previousOpen)

Last candle was weak

(((high-low)*0.8)<(close-low))

Higher close

(close>previousClose)

higher closing price

Exchange: US Only

US Stocks is, where the liquidity is

RUN
Chart Settings

Daily candles with support and resistance

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.