Price Bounced Down From Rising Trendline Stocks

This screen finds stocks whose price has just bounced down from a rising trend line after breaking below it. A trend line connects two or more swing lows (a rising, support trend line) or swing highs (a falling, resistance trend line), and the more often it is touched, the more significant it becomes. A failed retest of the old support line from below confirms the breakdown and often signals that the uptrend is over.