Bull and bear flags

Chartmill has support for finding stocks that show a bull or bear flag pattern. The bull or bear flag can also be drawn on a chart by adding the ‘Chartmill Flag’ overlay indicator.

Bull and bear flags in the Screener

In the stockscreener,  in the ‘signal’ field on the ‘technical tab’, one can filter for stocks showing a flag pattern by selecting either Bull or Bear Flags:

bullbearflag

Once selected, the screener will display a list of stocks showing a ‘bull flag’, ‘bear flag’, ‘weekly bull flag’ or ‘weekly bear flag’.

Bull and bear flags on a chart

To visualize the bull or bear flag on a chart, select the ‘Chartmill Flag’ overlay indicator. The flag will be shown on the chart. For example:

chartmillflag

flagexample

Bull / bear flag examples