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Gap Fade

 
UK

Not every gap up holds. When a stock opens sharply higher and then sells off below the open, early buyers are trapped and the move can unwind. This screen lists stocks on the London Stock Exchange that opened more than 3% above yesterday's close but now trade below today's open on at least 1.5 times average volume. Short sellers fade such gaps toward the previous close; long traders use the list to avoid chasing weak openings. LSE prices are quoted in pence, and the list skips thinly traded shares.

Screening formula:
exch(lse) and type(stock) and advol(21) > 50 and gapup > 3 and c < o and rvol(21) > 1.5 and sortby(gapup, desc) and show(gapup as gap_pct, rvol(21) as rvol)
 
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View:
Charts    
   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Gap_pct  Rvol
 MCG.L 
Railroads
Industrials
LSE
Micro
 239.92  43.96  4.58 11.63 78,942,544  11.73  7.83
 XPS.L 
Personal Services
Consumer Cyclical
LSE
Small
 700.45  343.00  -2 -0.58 1,168,173  4.93  1.97
 VANQ.L 
Banks - Regional
Financial Services
LSE
Micro
 186.73  43.10  -0.25 -0.58 8,146,047  4.73  3.45
3 matches
Data as of Oct 30, 2026, updated intraday



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