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Breakout Trigger

 
US

This list shows NYSE and Nasdaq stocks that pass the Minervini Trend Template, had a tight Volatility Contraction Pattern just under the pivot as of the previous day, and today crossed above the pivot, the highest price of the previous 20 days. Penny stocks and illiquid names are excluded. Results are sorted by relative volume, because a breakout on heavy volume is far more reliable than one on light volume. If no stock qualifies today, watch the VCP Near Pivot screen.

Screening formula:
exch(nyse,nasdaq) and type(stock) and price > 1 and advol(21) > 1 and price > sma(50) and sma(50) > sma(150) and sma(150) > sma(200) and sma(200) > sma(200)@21 and price >= 1.25 * w52low and price >= 0.75 * w52high and rs(252) >= 70 and (range(20)@40 > range(20)@20 and range(20)@20 > range(10) and range(10) < 15 and off_high(50) < 15 and off_high(20) < 6 and avol(10) < avol(50))@1 and price ca highest(20)@1 and sortby(rvol(50), desc) and show(highest(20)@1 as pivot, rvol(50) as rel_volume)
 
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