52-week high breakout
A close at the highest level in a year, on volume half again its own 20-day average. The Darvas entry, written out.
Nobody who bought this stock in the last twelve months is sitting on a loss. A yearly high leaves no overhead supply, nobody waiting to get out even. The volume filter is there because plenty of stocks drift up to new highs on nothing much and fall straight back through the level. Read the guide: Stock screening in India: a complete guide → Read the guide: How to read a scan's hit rate →
More breakouts:Within 3% of the 52-week highVolume breakoutVolume shockers20-day channel breakoutBollinger band breakout
Price and delivery data from the eod2 dataset: National Stock Exchange of India end-of-day files, split- and bonus-adjusted, updated after each close. Not affiliated with or endorsed by NSE. PatternsRadar is a research tool. Nothing here is investment advice or a recommendation to buy or sell anything.