Not investment advice. Free educational tool; signals are automated and may contain errors. Disclaimer
How to use this tool
RangeStocks is a free, independent project. Nothing here is financial advice or a recommendation to buy or sell any stock. See the full disclaimer.
1. On the home page, the list shows NASDAQ and NYSE stocks where, on the weekly chart, the algorithm found a long sideways range, a breakout below it, a failed pullback back into the range, and then a retest of the low. Traders also call this a spring.
2. Use the search box to find a stock, then click "View chart" to see the weekly candles, the sideways support and resistance lines, and the swing pivots A, B, C and D that formed the range. Charts are only available for recent signals.
3. Treat each result as a starting point for your own research, not as a signal to trade. Any decision to trade, and how much risk to take, is entirely yours.
How the scanner works
All analysis uses weekly candles.
It looks for stocks moving sideways and draws the support and resistance lines of that range.
It marks the swing pivots inside the range (A, B, C, D) so you can see how the range formed.
It flags when price breaks out below the range, watches the pullback, and signals when price comes back to retest the low.
Results are automated, may be wrong or late, and past results do not predict future performance.