Long-term consolidation with a narrowing price range of lower highs and higher lows
How this screener works
Requires: 200-day MA signal present, price > $2, 20-day average volume > 10,000, 50-day historic volatility < 100-day historic volatility, 20-day historic volatility < 50-day historic volatility (cascading volatility compression), 1-month high < 3-month high (lower high), 1-month low > 3-month low (higher low), 3-month high < 6-month high (continued lower highs), and 3-month low > 6-month low (continued higher lows). This triangle pattern — progressively lower highs and higher lows across 1/3/6-month timeframes with cascading volatility compression — signals an impending breakout. Direction is uncertain, but the compression indicates a significant move is likely.
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