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We scan 6000+ stocks daily which enables us to discover stocks that most people would not even be aware of.
A breakout occurs when a stock moves above the price range of an immediately preceeding time period (5, 10, 15, 20, 25, 30,
or 40 days). A breakdown is when a stock moves below a price range. Once a stock breaks out, we wait 20 trading days before detecting the next breakout. If a stock is
trending strong enough, the next breakout may occur on the very next (21st) day. The breakout statistics
are calculated by adding up the highs, lows, and closes of the 20 trading day time period following the breakouts. Those
numbers are then divided by the number of breakouts to get the average high, low, and close.
Sorting:
Volume -- A stock must have a daily volume of at least 20,000 shares and a 6-month average volume of at least 40,000 shares. The volume list is sorted from highest to lowest volume, the highest volume stocks are at the top of the list.
Relative volume -- compares today's volume to the average 6-month daily volume, the highest relative volume stocks are at the top of the relative volume list. If a stock
has not been trading for at least 6-months then it's not included on the list.
Approx. time -- sorted by the approximate time we detected the breakout. The breakouts detected earliest in the day
are at the top of the list. The breakouts detected later (more recent) are at the bottom.
Price -- We do not track stocks that are trading below $0.50/share.
We only track stocks listed on Nasdaq, NYSE, and AMEX. Because of our proprietary filtering process and the fact that we do not track all stocks on all exchanges, there may be stocks breaking out that are not listed.
Averages are rounded off to the nearest whole number. We use historical data going back to 2003.
Stock splits, reverse splits, and ex-dividends may occasionally cause a false breakout or breakdown to be reported. This does not effect the statistics calculations and the data will generally be adjusted by the day after the split.
Data is delayed, breakouts are not reported in real-time.
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