Support Stock Scans
These scans identify stocks which either bounced at a moving average (x DMA Support) or those which were able to broke down through (Fell Below x DMA) support.
The "BB Squeeze + Lower Band Touch" scan identifies stocks which are in a a Bollinger Band Squeeze and also touched their lower band. That is a scenario which can frequently lead to price reversing toward the upper band.
The "Multiple of Ten Bullish" scan finds stocks which bounced off of a "round" number (10, 20, 30...), which are often key psychological support / resistance levels. That's a good one to use in a Combo Scan along with something like a Hammer Candlestick, Stochastic Buy Signal or one of the moving average support scans.
Name | Description |
---|---|
20 DMA Support | Price dipped under the 20-day moving average and rebounded to close above the MA |
200 DMA Support | Price dipped under the 200-day moving average and rebounded to close above the MA |
50 DMA Support | Price dipped under the 50-day moving average and rebounded to close above the MA |
BB Squeeze + Lower Band Touch | Stocks in a Bollinger Band Squeeze which touched the lower band. |
Expansion Pivot Sell Setup | Rules (via 'Hit & Run Trading'):
|
Fell Below 20 DMA | Price dropped below the 20-day moving average |
Fell Below 200 DMA | Price dropped below the 200-day moving average |
Fell Below 50 DMA | Price dropped below the 50-day moving average |
Multiple of Ten Bullish | Stocks which Found Support at, or Rose Above a Multiple of Ten. |
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