Invalid date chosen. Displaying data for the latest date instead.

Stocks Making: Cup with Handle on

This finds which have formed Cup-with-Handle patterns which are at least 8 weeks long and at most 9 months long.  The beginning, or left side, of cup has to start after a rally of at least 30%.

Then a 20% to 30% correction from the old high (left side cup edge) must occurs.  The stock then builds a rounded base which slowly climbs back toward the old high  The right edge of the cup must be at most 15% below the left edge (the old high).  Then a slight pullback occurs which forms the handle.

The handle can be a minimum of 1 week long & max of 6 weeks in duration. It must aslo form within the top half of the cup and be within 15% of the left side top of the cup.

The official / traditional buy point is when & if the stock rises above the RIGHT edge of the cup on higher than average volume.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 28 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
WMI D 1.450 0.00 744,745 3.27
IPX C 2.150 0.94 458,373 1.54
WOR D 15.370 2.81 3,267,554 1.40
BWP A 3.580 1.70 1,714,840 1.25
RMC B 1.020 2.00 172,763 1.12
MAU A 1.050 2.44 106,419 1.04
DXS D 7.050 1.15 3,165,020 1.02
AND C 2.390 0.00 190,993 0.95
ASK D 1.150 0.44 872,427 0.92
DSE C 0.275 3.77 424,953 0.89
Sign Up to view the next 18 stocks.
Back to All Scans...