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Descending Channel BO w/ RP > 80 and MACD Bull Cross on Volume

A scanner created by TrendSpider on TrendSpider.

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Symbol Last Change
ACIU
3.82 -6.60%
ELYM
7.93 -4.34%
DTI
5.53 -3.32%
ESOA
7.71 +1.05%
NUZE
5.16 -13.71%
SLNO
49.18 +1.97%
VKTX
54.61 -4.19%
PALT
4.88 +4.27%
* data as of a year ago

This scanner looks for strong names (Relative Performance > 80) that have recently broken of a descending channel. A bullish MACD cross on volume accompanies this breakout.

Scanner criteria

All of the following:
  D Chart(close) > D Channel, Descending (Short term, No), Bottom
  D Chart(close) > D Channel, Descending (Short term, No), Top
  RP(yearly) for SPX500 > 80
  All of the following: (within 10 candles)
      D MACD (12, 26, 9, close), MACD Crosses ↗ D MACD (12, 26, 9, close), Signal
      D Relative Volume (20, SMA, 1) > 1