I ll be fine tuning the algorithm over the next few weeks to weed out stocks which shouldn t be making the cut. Cup handle pattern technical fundamental stock screener scan stocks based on rsi pe macd breakouts divergence growth book vlaue market cap dividend yield etc.
You can check them visually and cup and handle can be found there too.
Cup with handle pattern screener. A continuation pattern occurs during an uptrend. Home stock screener forex screener crypto screener economic calendar how it works chart features pricing refer a friend house rules help center website broker solutions widgets. It provides list of stocks with triangle pattern.
The pattern resembles a cup and handle. It was a little tricky to program but i think i ve got it 90 of the way to where i want it to be. A cup and handle chart may signal either a reversal pattern or a continuation pattern.
But it is possible ot use similar chart pattern ascending triangles to find cup handle pattern. Cup handle breakout pattern. Graphical patterns are difficult to retrieve with code while human eyes can recognize them easily.
Just select screeners option from main menu and then select triangles ascending in signal parameter. The most common chart pattern used in the canslim system is called a cup with handle. This looked like a perfect cup and handle pattern.
Weekly pre bullish scan with vol rsi macd crossed over pre bullish scan with supertrend with volume rising rsi macd crossed over. Cup and handle pattern are way different from this basic triangle pattern. We provide watchlists and alerts for stocks ready to breakout from bullish chart patterns like cup and handle chart pattern high tight flag head and shoulders bottom head and shoulders top double bottom volatility squeeze and several more.
A reversal pattern occurs when the price is in a long term downtrend then forms a cup and handle that reverses the trend and the price starts rising. If the handle is too deep and it erases most of the gains of the cup then avoid trading the pattern. Atlas new dashboards screeners create scan old.
If you find any documented code about how to find cup patterns i can have a look for sure. Live alerts now available. Stock surged once it broke the resistance.
If you drop down to intraday timeframes you ll see a smaller cup and handle on the 4hr. Scanner guide scan examples feedback. This pair has a high correlation to spx and major turns and corrections in the pair have often led the turns in spx since the covid bottom.
Cup and handle pattern airtel. The price is rising forms a cup and handle and then continues rising. Our cup and handle chart pattern screener finds stocks ready to breakout tomorrow.
This pattern has been concisely described by gregory kuhn in a series of articles entitled back to basics trading stocks the cup with handle pattern and trading with the cup with handle and is also discussed by one of us in pattern recognition in time series all of which appeared in this journal. Try our cup with handle pattern screener. It isn t perfect but it can be traded as a c h just the same.
This pattern is a favorite of investor s business daily and canslim william o neil.