CM_Breakout1

CM_Breakout1 Image
RUN IN STOCK SCREENER
(3)

Screen for Long entries. Looking to isolate large number of US Companies with decent technical and setup ratings down to a select few for further analysis. All companies listed will be relatively close to horizontal support (possible demand zone) and should be fundamentally sound as well. Please note these companies are not actively breaking out but rather have the potential for a next move up.


Stock Screener Settings

Exchange: US Only

Like US companies.

Chartmill Health Rating: Rating >= 4

Purely arbitrary. Looking to reduce number of stocks.

Chartmill Growth Rating: Rating >= 4

Purely arbitrary. Looking to reduce number of stocks.

Chartmill Profitability Rating: Rating >= 4

Purely arbitrary. Looking to reduce number of stocks.

Chartmill FA Rating: Rating >= 4

Purely arbitrary. Looking to reduce number of stocks.

Average Volume: 50 SMA > 200K

Liquid enough for many retail traders to enter relatively easy.

Quick Ratio: QR > 1

Acid test shows ability to handle current liabilities.

Chartmill Setup Quality: SetupQ >= 7

Purely arbitrary. Looking to reduce number of stocks.

Chartmill TA Rating: Rating >= 7

Purely arbitrary. Looking to reduce number of stocks.

Horizontal S/R: close max 5% above HSR1

Ideally close to horizontal support indicating potential demand zone.

Piotroski F-Score: piotroski > 4

Purely arbitrary. Looking to reduce number of stocks.

RUN
Chart Settings

Commonly used moving averages and indicators. 20 EMA, 50SMA, 200SMA, RSI(14) and Slow Stoch (default)

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.