Scan: 8-Day or Longer Consolidation

Scan: 8-Day or Longer Consolidation

Dec 8, 2005


Read the latest from our blogroll or “Round-Up” section to the right and you’ll see there’s plenty of positions to take in the debate if whether the latest holiday rally has stalled or is coiling under consolidation for a Santa Claus rally. Whose side to take? What set-ups can find decent candidates? Like any scientific approach, it’s better to start with a premise or hypothesis and test various scenarios. In trading we can accomplish this by using scans.

Trade-Ideas publishes a series of free, end-of-day scans that are meant to attract new potential subscribers to our realtime service. However this information is helpful to more than potential subscribers, they can be used to great benefit by existing subscribers who want a feel for the long term trends affecting the opportunities they’ll see in realtime during the day.

The Bottom Line
Know in advance what stocks are likely to be ripe for breaking out of a lengthy period of consolidation – anytime.

Description
This list shows which stocks have been consolidating for the previous 8 days. This is based on a 40 day stock chart. The request is at least 8 days.
The symbols are sorted by volume, with the longest consolidation patterns on top. After that they are sorted by volume.

8 Day or Longer Consolidation

See It In Real-Time
To see similar trading opportunities in our real-time product, use the filters listed below. Click for more information.

Min Consolidation
Max Consolidation

Min Position in Consolidation
Max Position in Consolidation