Mean Reversion Screens - Failed Breakouts above 52 week High
This screen looks for stocks that have broken through their 52-week high within the past five days but have fallen more than 2% on the most recent trading day while closing lower than the previous trading day's low. In addition, the previous trading day must have ended positively.
Mean Reversion Stock Screener
Use the stock screener to find mean reversion trading ideas
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Signal: New 52 week High in last 5 days
Only stocks that reached a new 52 week high in the last 5 days
(previousClose>previousOpen)
Previous day closed positive
Average Volume: 50 SMA > 300K
Minimal liquidity
Today<=-2%
This filters for stocks moving at least 2% down today
(close<previousLow)
Current close must be lower than the previous low
Price: Above 5
A minimum price
SMA10 and SMA20 visible on the chart
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.