Price Crossed Below Falling Trendline Stocks

This screen finds stocks whose price has just crossed below a falling trend line from above. 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. Falling back below a falling resistance line after a move above it shows that the breakout failed and that the downtrend is resuming.