This screen finds stocks whose price has just crossed below the second support level (S2), calculated as P minus the previous month's range. Pivot points are calculated from the previous month's high, low and close: the pivot point P is their average, R1 and R2 are resistance levels above it, and S1 and S2 are support levels below it. A move below S2 is an extended decline and often reflects a strong trend or news.
