Breakout Screens - Near 52 week High + increased volume

RUN IN STOCK SCREENER

(29)

This screen filters out stocks whose price is at less than 5% of the highest price in the past 52 weeks.

Long

Momentum

Shared by user chartmill - 4 years ago

Stocks at or near a New 52 week High or Low

Get a list of stocks making a new 52 week high or low on NYSE, NASDAQ, TSX, Euronext or S&P500

Related Videos

5 momentum screening ideas using ChartMill

In this video I’ll be covering 5 predefined momentum screening ideas from our Trading Ideas' section in ChartMill. Momentum trading means that you are primarily concerned with short-term positions. The intention is to buy stocks which are already rising and to sell them again quickly as soon as the first signs are visible that the rising is losing momentum. As an investor you try to benefit from the high volatility associated with the rise in this relatively short time.

Stock Screener Settings

Exchange: US Only

personal preference

Today>=1%

This ensures us that the most recent day closed positively

Price: Above 3

stocks priced too low are sometimes too easy to manipulate

Volume Increase: Volume 50% More Than Vol(50)

to ensure that the increase has been accompanied by increased volume

Average Volume: 50 SMA > 200K

to ensure that there is sufficient liquidity

Signal: Within 5 % of 52 week high

price relatively close to the 52W high

RUN

Chart Settings

daily candles

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.