About Scanner - Swing Low Breakdown Strategy

Swing Low Breakdown strategy identifies stocks breaking below their lowest price of the past month, signaling strong bearish momentum.

Strategy Description -

• This Strategy highlights stocks where the latest close crosses below the lowest of the last 20 ticks, starting from the previous tick low, indicating a breakdown.


• It highlights stocks where the latest close is below the latest open, indicating bearish momentum.


• It identifies stocks where the close price is below the 20 EMA, confirming short-term bearish strength.


• It also highlights stocks where the 20 EMA is below the 50 EMA, indicating a downward trend.


• Current tick volume greater than the 20-tick average volume indicates strong selling pressure.


• To improve reliability, it filters for stocks showing bearish technical strength.

Additional Considerations -

• Timeframe: This strategy works best on a daily timeframe.


• Confirm with Volume: Monitor volume closely - Momentum is trustworthy when supported by good average volume.


• Avoid Sudden Spikes: If there’s a huge price move in the last two ticks, stay cautious as volatility may fade quickly.


• Filter Stocks: Apply this strategy to your favorite stock basket or your watchlist.

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.