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Weakness Stock Scans
This set of scans can be used to find stocks which are experiencing price weakness. That could be defined by a dropping relative strength rating (this site's letter grades), a dropping in price for one day or multiple days in a row, triggering a downtrend based on the ADX & Directional Movement indicators, oversold stochastic, etc.
Name Description
Below Lower BB Stocks which closed below their lower Bollinger Band.
Down 3 Days in a Row Stocks which dropped in price three days in a row.
Down 4 Days in a Row Stocks which dropped in price four days in a row.
Down 5 Days in a Row Stocks which dropped in price five days in a row.
Expansion Breakdown Rules (via 'Hit & Run Trading'):
  • Day 1 (today) - Stock must make a two-month calendar low.
  • Day 1's range must be the largest of the previous 9 trading days.
  • For the short sale: tomorrow only, sell 10 cents below today's low.
  • Initial maximum risk (stop loss) 1 point above Day 1's close.
  • Thereafter, use a trailing stop.
    1. Expansion Pivot Sell Setup Rules (via 'Hit & Run Trading'):
    2. Today's trading range must be greater than the daily range of the past nine trading sessions.
    3. Either yesterday or today, the stock is trading at or above the 50-day moving average and explodes lower.
    4. Tomorrow sell short 10 cents below the explosion-day low.
    5. Our initial protective stop is 1 point above the explosion day's close.
      1. Gapped Down Stocks which gapped down.
        Grade Fell To Stocks which had their relative strength decrease to a certain letter grade.
        Lower Bollinger Band Touch Stocks which Touched their Lower Bollinger Band.
        Lower Bollinger Band Walk Stocks which are walking down their lower Bollinger Band
        Most Bearish Alerts Stocks with the most bearish alerts for the day.
        New 52 Week Closing Low Price made a new 52-week closing low
        New 52 Week Low Price made a new 52-week low
        New Downtrend ADX has risen above 25 and Directional Movement is down.
        Oversold Stochastic Stocks with Oversold Stochastic.
        Percentage Change - Historical Greatest Percentage Gainers or Losers over various timeframes.
        RSI Cross Find stocks which have either crossed above or below an RSI (14) level.
        STB 50 Bearish The 50 'most interesting' bearish setups for the day.
        Stochastic Reached Oversold Stochastic (14, 3, 3) reached oversold levels by dropping below 20
        Top % Losers Worst percentage losers for the day.