Price Touched Above Trendline Stocks

This screen finds stocks whose price has come down to touch a trend line from above while staying above 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 test of the line as support shows whether buyers defend it; a hold keeps the trend intact, and a bounce often follows.