Only stocks in bullish trend, showing strong price run-up, decent relative strength and diminishing volume in the flag itself.
Discover the High Tight Flag pattern – one of the most powerful breakout setups in technical analysis. Learn how to identify, trade, and maximize gains from this rare but explosive chart pattern.
This Bull Flag Trading guide explains how to take advantage of the pattern, both as a swing and day trader.
Discover the bull flag chart pattern—a continuation pattern signaling strong uptrends. Learn how to identify and trade this setup with practical examples and expert tips.
In this video, I show you how to use the ChartMill stock screener to find these types of setups.
Length of Flag Pole higher than 10%
Solid relative strength
Medium-term price trend up
Current high within 25% of 52-week high
Short-term price trend up
Medium-term trend positive
Long-term trend bullish
Short-term trend positive 2
Sufficient liquidity
Less volume in the flag itself
Pattern recognition
Current close at least 30% higher than 52-week low
Long-term price trend up
Only US stocks
Short-term trend positive 1
Daily timeframe
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.