Invalid date chosen. Displaying data for the latest date instead.

Stocks Making: Cup with Handle on

This finds which have formed Cup-with-Handle patterns which are at least 8 weeks long and at most 9 months long.  The beginning, or left side, of cup has to start after a rally of at least 30%.

Then a 20% to 30% correction from the old high (left side cup edge) must occurs.  The stock then builds a rounded base which slowly climbs back toward the old high  The right edge of the cup must be at most 15% below the left edge (the old high).  Then a slight pullback occurs which forms the handle.

The handle can be a minimum of 1 week long & max of 6 weeks in duration. It must aslo form within the top half of the cup and be within 15% of the left side top of the cup.

The official / traditional buy point is when & if the stock rises above the RIGHT edge of the cup on higher than average volume.

Related Scans: Basing Investor's Business Daily / CANSLIM Possible Breakout Bullish Swing Setup
Or combine this in a: Combo Scan or a Back-To-Back Scan
*** This is a Pro scan. Changes to the filters below will only be applied for Gold or Platinum Plan subscribers ***

Pro Scan

Results have been limited to 9 of the 24 matching stocks. For full access to this scan you must sign up for a Free Account
Symbol Grade Close % Change Volume Vol Surge
ADEN C 40.460 4.28 233,200 5.13
MHC.U C 15.250 5.90 45,221 1.98
BLX D 32.870 0.21 446,400 1.77
TIH D 116.990 0.42 213,100 1.68
ENGH D 29.750 -3.10 101,100 1.28
GFR B 10.140 1.91 48,306 1.26
T D 21.340 -2.15 4,271,000 1.19
RUS B 42.320 -2.96 192,000 1.16
TRI B 231.430 -1.86 267,500 0.95
Sign Up to view the next 15 stocks.
Back to All Scans...