50ema bounce
i'm looking for strong stocks that pullback to 50ema and then bounce of it.
Price: Above 1
that screen picks only stocks that are above $1
Signal: Strong Stocks
only interested in strong stocks that are in a upward move.
Performance1: today > 2%
that screen indicates the bounce
Volume Increase: Today 10% more then Yesterday
vol. indicates buyers coming in
SMA2: Price Above SMA 50
that screen indicates that the 50MA was not validated and stock respected the 50ma support
Average Volume: 50 SMA > 300K
vol. is essential for stocks to move.
SMA1: Price Near SMA 50
that screen helps me find those stocks that are still close to 50ma (unfortunately in the screen there is only SMA)
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.