The opening range is formed between the highest and lowest price, immediately at market opening, up to a maximum of one hour after the opening. The opening range breakout strategy involves entering a long or short position as soon as the price breaks the initial opening range up or down.
Learn how to find the strongest stocks in the market nearing a new high.
Learn when to enter a breakout trade in 4 different ways, each with its own advantages and disadvantages. Whether you're buying before, during, or after the breakout or waiting for a retest, identifying key levels and monitoring momentum are essential.
Strong stocks are consistent strong performers in the market
Get a list of stocks making a new 52 week high or low on NYSE, NASDAQ, TSX, Euronext or S&P500
Relative Strength measures price performance of a stock relative to the other stocks in the market.
Discover how to screen for breakout stocks or stock that are on the verge of doing so. Take advantage of specific price and volume filters and very sophisticated fully automated support and resistance recognition by ChartMill.
This filter keeps only stocks that are trading higher than 10. Usually high growth stock investors ignore low priced stocks.
This filters for stocks near a new 52 week high.
This filters only keeps stocks with a minimum average daily volume of 500K.
This filters for strong stocks. Strong stocks are stocks with a high relative strength, but also a regular trend.
The chart shows the default settings: the 50 and 200 SMA and support and resistance lines.
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.