TC2000 Fresh Breakdown Scan

$99.00

The TC2000 Fresh Breakdown scan is a bearish scan that returns weak stocks resolving bearish consolidations to new lows.

Description

The TC2000 fresh breakdown scan is a versatile scan that returns stocks breaking down from short, intermediate, and even long-term ranges.

How this screener works

This scan uses closing prices for its breakdown comparisons and first checks to make sure the stock is trading in an established downtrend, breaking lower on above-average volume, and most importantly is making a fresh move to new lows.

The scan uses a minimum lookback length of just 10 bars, which means you will get short-term breakdowns as well as stocks breaking down from longer-term consolidations and even moves to new all-time lows.

Image of TC2000 Fresh Breakout Scan Example - ADVM

Requirements

  • An active TC2000 Premium or Premium+ subscription is required to use this scan
  • You must be running Version 23 or higher of TC2000 to use this scan

Scan features

  • You can easily customize this scan’s settings so you can more accurately target stocks based on your personal preferences
  • Includes easy-to-follow video setup instructions that will have you scanning in no time
  • Built to scan across any timeframe you want
  • Can be combined with additional scan criteria to improve precision

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions about this scan or if you would like to see the latest stock results. Thank you for your understanding!

Bundle offer

Get a discount when you purchase this Fresh Breakdown Scan and its bull version equivalent in the Fresh Breakouts Scans Bundle package.

Additional information

Product Type

Bearish

Platform

Worden TC2000

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