A change of character (CHoCH) is the first sign that a downtrend may be ending. This screen lists stocks on NYSE and Nasdaq that were below their 50-day moving average five days ago, whose last two swing lows were falling, and which have now crossed above the most recent swing high (an upper Williams fractal) on above-average volume. SMC traders often wait for a pullback after the CHoCH before entering. The list covers NYSE and Nasdaq stocks priced above $1 with at least $1 million in average daily trading value, using near-real-time data.
