3 Bar Play
The 3 Bar Play is a bullish continuation pattern that appears after a stock has made a strong directional move. It signals that a brief pause in price is likely to be followed by a continuation in the same direction.
Price VS SMA: Price Above SMA(200)
Long Term Trend Positive
(previousHigh<=(previousClose*1.03))
Defining the previous bar's High and Closing Price
(previousClose>(previousOpen*1.03))
Defining the previous bar's closing and openings price
Price: Below 100
Maximum Price
(high<=(previousHigh*1.005))
Defining relation between the latest and previous bar
(previousHigh>=high10days)
Defining relation between previous and latest bar
Exchange: US Only
Only US Stocks
Price: Above 5
Minimum Price
(low>=(previousOpen*1.01))
Defining relation between latest and previous bar
(high>=(previousHigh*0.995))
Defining relation between the latest and previous bar
Average Volume: 50 SMA > 200K
This filter ensures liquidity.
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.