Retracement Screens - Using the Stochastics Indicator

Retracement Screens - Using the Stochastics Indicator Image
RUN IN STOCK SCREENER
(4)

This screens searches for stocks where the stochastics indicator crosses the 20-level upwards after a minor price retracement


Stock Screener Settings

Average Volume: 50 SMA > 300K

to ensure enough liquidity

Today>=0%

first sign of a rebound after the minor price retracement

Price VS SMA: Price Below SMA(5)

to define the minor price retracement

Price: Above 5

minimum price

Stochastics: Stochastics Crosses 20 From Below

indicating a possible reversal

Price VS SMA: Price Above SMA(200)

long term trend still positive

RUN
Chart Settings

SMA5, 10 and 20 + slow stochastics

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.