Invalid date chosen. Displaying data for the latest date instead.

Stocks Making: Cup with Handle on

This finds which have formed Cup-with-Handle patterns which are at least 8 weeks long and at most 9 months long.  The beginning, or left side, of cup has to start after a rally of at least 30%.

Then a 20% to 30% correction from the old high (left side cup edge) must occurs.  The stock then builds a rounded base which slowly climbs back toward the old high  The right edge of the cup must be at most 15% below the left edge (the old high).  Then a slight pullback occurs which forms the handle.

The handle can be a minimum of 1 week long & max of 6 weeks in duration. It must aslo form within the top half of the cup and be within 15% of the left side top of the cup.

The official / traditional buy point is when & if the stock rises above the RIGHT edge of the cup on higher than average volume.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 10 of the 136 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
WPC C 77.45 0.45 2,464,458 2.78
NMFC C 12.17 -0.49 995,502 2.72
RCI C 46.36 -2.77 740,580 2.68
MU A 60.34 -4.36 35,176,708 2.30
WWE A 91.26 0.73 1,825,244 2.25
XEL C 67.44 0.79 5,981,251 2.06
ALC C 70.54 -0.37 2,263,861 1.99
PDCO D 26.77 1.67 1,340,382 1.94
NTST D 18.28 0.72 1,239,617 1.93
CALM A 60.89 1.52 1,637,689 1.89
Sign Up to view the next 126 stocks.
Back to All Scans...