This strategy identifies fresh breakouts (within last 3 days) that signal the end of consolidation periods. The algorithm combines price breakout detection, volume confirmation, volatility expansion, and momentum validation to find stocks with sustainable momentum potential.

Breakout Detection:

Price breaks above 20-day or 30-day high (resistance level)
Breakout must have occurred within the last 3 calendar days

Volume Confirmation:

Breakout day volume must be at least 2x the 20-day average (volumeRatio ≥ 2.0)
Higher volume ratio indicates stronger institutional participation

Volatility Expansion:

Bollinger Band width expanding (current width > 10-day average)
ATR increasing (current ATR > previous ATR)
Both indicate range expansion and momentum building

Price Position:

Price must be above upper Bollinger Band OR above resistance level
Confirms breakout is sustained, not a false signal

Momentum Validation:

RSI(14) > 60 (strong momentum confirmation)
Ensures breakout has momentum behind it, not just price action

Ranking:

Stocks are ranked by volumeRatio (descending) - higher volume ratio indicates stronger breakout signal. Results limited to top 50, with secondary sort by days since breakout (freshest first).


AGL Agritech Limited	Sep 15, 2026	₨49.18	10.00%	0.00%
BPL Burshane LPG (Pakistan) Limited	Sep 14, 2026	₨63.01	0.81%	0.81%

Search

Today's results