80:20 Candle Days - Short-term Patterns - LSE EOD Scan

Up Close

1) open is in the bottom 20% of the daily range, 2) close in the top 20% and 3) the daily range is greater than the 14 day average true range.

FTSE100 stocks for 19 Apr 2024

Other LSE stocks for 19 Apr 2024

Scan criteria:

close in top 20% of daily range
open in bottom 20% of daily range
daily range > 14 day average true range
volume greater than 20 day average volume
20 day average volume over 300,000
last closing price > 0.39 GBP

Down Close

1) Open is in the top 20% of the daily range, 2) close in the bottom 20% and 3) the daily range is greater than the 14 day average true range.

FTSE100 stocks for 19 Apr 2024

No results found for this scan

Other LSE stocks for 19 Apr 2024

Scan criteria:

open in top 20% of daily range
close in bottom 20% of daily range
daily range > 14 day average true range
volume greater than 20 day average volume
20 day average volume over 300,000
last closing price > 0.39 GBP

Notes

Popular day trading strategy because its deemed to have a high probability of a follow through in the same direction at the open of the next session. However, watch out for a possible midday reversal.

See also:-

LSE Short-term pattern scans:-

LSE Medium-term pattern scans:-

new 20 day highs
new 20 day lows
ADX over 30 - positive bias - contraction of price (+DI14 > -DI14)
ADX over 30 - positive bias - lowering tops inside day (+DI14 > -DI14)
ADX over 30 - negative bias - contraction of price (-DI14 > +DI14)
ADX over 30 - negative bias - increasing tops inside day (-DI14 > +DI14)
Toby Crabel 20 day narrow ranges
Four day sequences

LSE Medium-term trend pivot point scans:-

LSE Medium-term trend change scans:-

NB. Our scans are inspired by eminent traders and speculators of the present and past!

This web site and its information and services are provided for guidance and educational purposes only. The information contained herein has been compiled from sources deemed reliable and it is accurate to the best of our knowledge and belief; however, ManicTimes.uk cannot guarantee as to its accuracy, completeness and validity and cannot be held liable for any errors or omissions. Changes are periodically made to this web site and may be made at any time.

All information contained herein should be independently verified and confirmed. ManicTimes.uk does not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Furthermore, ManicTimes.uk is not an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks, derivatives, commodities or securities. Visitor agrees to indemnify and hold harmless ManicTimes.uk from and against any damages, costs and expenses, including any legal fees, potentially resulting from the application of any of the information or services provided by ManicTimes.uk. This disclaimer applies to any damages, injury or loss caused by the use and application, whether directly or indirectly, of any advice or information presented, whether for breach of contract, tort, negligence, personal injury, criminal intent or under any other cause of action.

Visitor agrees to assume all risk resulting from the application of any of the information, products or services provided by ManicTimes.uk. By using this website, including any applets, software and content contained therein, the visitor agrees that the use of this website and its information and services is entirely at his/her own risk.

© 2020 - 2024 - ManicTimes - All rights reserved | Privacy Policy | Sitemap | Terms | Contact Us
Powered by Structured