Some of the information here is exclusively for iSaham clients only. The information provided here is not, and must not be construed to be, or form part of, any recommendation, offer or invitation to buy or sell any securities. That would have been another buying point.Bollinger Band Squeeze Last Updated: Tue, 17:01:02ĭetect low volatility using Bollinger Band Method.ĭisclaimer: Use of the information herein is at one's own risk. This was combined with even higher volume than the previous day AND the stock closed near the high of day which shows strength going into the close. The next day, the stock actually broke out of the range confirming the short squeeze.
Short squeeze screener pro#
Buying on that day would be buying on anticipation of a short squeeze. Get Quantpedia Premium or Pro Unlocked Screener & 200+ Advanced Charts 600+ uncommon trading strategy ideas New strategies on a bi-weekly basis 1000+ links. The first buy signal here was a bullish engulfing candle that formed right at the ascending trend line, combined with slightly higher volume that day.
A low volume pull back/consolidation shows that the selling pressure is most likely some profit taking rather than the beginning of a big sell off.Īs the consolidation was coming to an end, the volume on green days was increasing, which is a sign of accumulation. The consolidation period was on low volume which is exactly what you want. Its short interest is fairly high, and it has a lot. Like most meme stocks, BlackBerry has often been mentioned as a potential short squeeze stock. At one point the stock was all the way up to 32, but that ended quickly when BB’s meme status began to fade. When it started to pull back, the volume began to drop off as you can see indicated in the chart. As of this writing, it traded for 14.10, up from 8.44 at the beginning of the year. As the stock was running up before the triangle formed, the volume was relatively high, rising, all on green days. The stock was on a nice uptrend prior to consolidating into the triangle. We also noted the volume patterns prior to the breakout. We wrote an article explaining volume analysis in detail, which you can read about here, but we'll briefly explain anyways.Īs you can see in the chart above, the range was getting tighter before breaking out. Step 3: Combine Volume Analysis With Chart Analysis For Confirmation Note: Chart patterns should be combined with volume analysis for confirmation.
Click here to read about how we trade engulfing candles. There was also a bullish engulfing candle just before the move. This creates a range for the stock that gets tighter and tighter until it breaks out again. An ascending triangle is when the top line of the resistance is relatively flat, and the support line is coming up diagonally. The pattern that we drew there via the two trend lines is an example of an ascending triangle pattern. This is just a small portion of available data on Ortex and we think the platform is worth checking out!Ībove is a chart of Virgin Galactic Holdings Stock (Ticker: SPCE). You can also screen stocks by short interest.
Short squeeze screener free#
As of May 27, 2021, AMC's live short interest as a percentage of free float is 17.16%.
Short squeeze screener for free#
Ortex is not free, but if you want good data, you can't always get it for free (We are NOT affiliated with Ortex).īelow is an example of how Ortex shows live short interest data. If you're a serious trader and need LIVE short interest data as well as lots of other useful stock info, you can use. Sometimes Finviz will be missing a few stocks though, which is why it's a good idea to check multiple websites like the other ones we mentioned above. You can also set it above 10%, or combine it with other criteria such as relative volume, but this is just an example. But if you want to set it yourself, all you have to do is go to go Finviz's screener, and screen for "Float short over 10%" as shown in the picture. Clicking on the picture will take you directly to the screener. Above is a picture of a screener you can use to find stocks with high short interest.
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