Distribution is the opposite of accumulation: large holders selling into the market. This screen lists stocks on Asian exchanges with Chaikin Money Flow (20) below -0.05, On Balance Volume trending down over 20 days, price under its 50-day moving average and relative strength in the bottom 10% over about three months. These are names to avoid on the long side or to consider for short setups. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
