Breakout Screens - Weekly ChartMill Channel Breakdown

Breakout Screens - Weekly ChartMill Channel Breakdown Image
RUN IN STOCK SCREENER
(20)

This screen finds stocks that are nearing a long lower chartmill channel line that acts as support. This screen finds short setups: when the channel is broken, a possible strong move down may follow.


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Stock Screener Settings

Average Volume: 50 SMA > 300K

This filter excludes stocks with a lower daily average volume of 300K.

Signal: Weekly CC breakdown

This filter finds stocks trading in a range, close to the lower boundary of that range.

RUN
Chart Settings

The chartmill channels and the chartmill channels are shown on a weekly chart.

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.