Three weeks tight, three weekly closes within about 1.5% of each other, is a pattern from the CAN SLIM method that Mark Minervini also uses as a sign that institutions are holding their shares and not selling. A breakout above the tight area is a classic add-on or entry point. This screen lists stocks on European exchanges that pass the Trend Template (price above a rising 200-day average, 50 > 150 > 200-day averages, at least 25% above the 52-week low, within 25% of the 52-week high and RS 70 or better) and whose last three weekly closes are within 1.5% of each other, highest relative strength first. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
