Bull Flags

Bull Flags Image
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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.

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Stock Screener Settings

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.

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Chart Settings

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.