Bull Flags
This screen finds bull flag patterns. A bull flag is a technical continuation pattern which can be observed in stocks with strong uptrends. The pattern takes shape when the stock retraces by going sideways (or by slowly declining) after an initial big rise in price. When you see the graphical representation of this pattern, you’ll notice that it somehow looks like a flag on a pole.
A practical Trading Guide for the Bull Flag Pattern
Bull flag patterns occur in stocks with strong uptrends, they are considered as continuation patterns in technical analysis. The pattern is quite easy to recognize because it looks like a pole with a flag. This practical trading guide explains how to take
Bull Flags (and pennants) | Definition
Bull Flags and Pennants are powerful chart patterns in technical analysis. The are called 'continuation patterns' as the flag embeds prices that are consolidating in a range after a strong move up.
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How to trade the bull flag pattern
In depth explanation of the bull flag pattern
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Average Volume: 50 SMA > 500K
This filters for a minimum average daily volume of 500K to ensure liquidity.
Signal: Bull Flag
This filters for the bull flag pattern.
The Flag pattern is shown on the charts.
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.