Bear Flags
This screen finds bear flag patterns. A bear flag is a consolidation after a strong move down. The downtrend may continue when the stocks moves out of the consolidation zone.
Bear Flags (and pennants) | Definition
Bear Flags and Pennants are powerful chart patterns in technical analysis. The are called 'continuation patterns' as the flag embeds prices that are consolidating in a range after a strong move down.
Screening for Short Trade Setups
A collection of screens to find good short trading candidates.
Bull Flag Chart Pattern Explained
A bull flag pattern is a continuation pattern and they frequently occur in stocks that are in a strong uptrend. Because the strong uptrend is almost vertical, it resembles a pole. The sideways price movement that follows has similarities to a flag, hence the name bullish flag formation.
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Average Volume: 50 SMA > 500K
This filters for a minimum average daily volume of 500K to ensure liquidity.
Signal: Bear Flag
This filters for the bear flag pattern.
The Flag pattern is shown on the charts.
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.