Price Crossed Below Trendline Stocks

This screen finds stocks whose price has just crossed below a trend line, rising or falling. A trend line connects two or more swing lows (a rising, support trend line) or swing highs (a falling, resistance trend line), and the more often it is touched, the more significant it becomes. A close below a line that previously acted as support shows that sellers have overcome buyers at that level, and the line often turns into resistance.