Mean Reversion Screens - Stocks nearing Support Line
Screening for Short Trade Setups
A collection of screens to find good short trading candidates.
Mean Reversion Stock Screener
Use the stock screener to find mean reversion trading ideas
Support and Resistance Stock Screener and Trading Strategies
The Stock Screener supports different support and resistance trading strategies. Some examples are listed in this article.
Related Videos
5 step by step Short Screen Ideas - How to use our stockscreener to find the best short setups?
In this video I am going to share with you 5 different short screening ideas which will help you to find the best short trading setups.
Support Length: S1 Length > 50
The support line should have a minimum length of 50 days.
Support Strength: S1 Strength > 4
The support line should have a minimum strength of 4. This means that the support line was tested at least 4 times in the past.
Price: Above 5
This filter excludes all stocks that are trading below 5 dollar.
Exchange/Fund: US Only
This filter excludes all non US stocks.
Support: close 3% from S1
This filter finds stocks that are trading above, but close to the support line
ETF: none
This filter excludes all ETFs.
Average Volume: 50 SMA > 500K
This filter excludes all stocks that have a lower daily average volume than 500K.
The support line 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.