Bullish Engulfing Pattern in Strong Stocks
Consistent strong performing stocks that show a bullish engulfing pattern
The Bullish Engulfing Pattern: A Powerfull Candlestick Pattern For Trend Reversal Trading
The Bullish Engulfing Pattern is a powerful candlestick pattern for trend reversal trading. Learn how this pattern forms, how to recognize it, and how to use it in a profitable trading strategy.
Strong Stocks
Strong stocks are consistent strong performers in the market
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Bullish Engulfing Candlestick Pattern in Technical Analysis
The Bullish Engulfing candlestick pattern is a bullish reversal candlestick pattern at the bottom of a downtrend. Candlestick are used in technical analysis. This specific pattern consists of two candles where the second bullish candle completely envelops the body of the first bearish candle as a sign of bullish momentum.
Candlestick: Bullish Engulfing
The actual Bullish Engulfing signal
Price: Above 5
This filter excludes all stocks that are trading below 5 dollar.
Average Volume: 50 SMA > 200K
This filter excludes all stocks that have a lower daily average volume than 200K.
Signal: Strong Stocks
This filters for strong stocks. Strong stocks are high relative strength stocks that show a stable uptrend.
10SMA and 20SMA
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.