Breaking to new 20-day low - short-term breakdown
Stocks matching this pattern right now appear in the list. Select one to see its chart and backtested strategy performance.
Part of Oversold Stocks Today
40 stocks matching now, newest 20 shown.
The 20-day low is the lowest closing price over the prior 20 sessions. A close below it means all buyers who entered in the past month are underwater -- a structural shift that removes near-term buy support. Volume above the 20-bar average confirms the breakdown has genuine selling participation rather than passive drift below support. The close filter prevents false signals from intraday undercuts that recover. Currently 3 stocks, consistent with moderate short-term bearish activity in the universe and slightly more prevalent than New 20-Day High (1 stock), suggesting modest downside momentum in current conditions.
A new 20-day low with volume is most meaningful when it occurs after a consolidation at support, where multiple sessions tested the same floor before finally breaking. A break from a well-defined base tends to have more follow-through than a break from a choppy, wide range. The natural stop for short entries is the prior 20-day low, now acting as resistance. Failure modes: (1) breakdown reversal -- stock closes below 20-day low then recovers above it the next session (bear trap); (2) sector-wide selling causes the entire universe to break 20-day lows simultaneously, making the signal non-selective; (3) positive news catalyst the day after the break flips the stock sharply higher. For the continuation scenario, see Near 52-Week Low. For confirmed annual breakdowns, see New 52-Week Low.
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This screener finds stocks breaking to a new 20-day closing low on above-average volume -- a short-term momentum breakdown confirming sellers have taken control over the prior month's price action. Short sellers and swing traders use this to identify stocks with fresh downside momentum and a clear reference point for stop placement. Who uses this: traders seeking directional short confirmation before a stock reaches longer-term support levels. Search phrases: new 20-day low with volume, short-term breakdown screener, 20-day low breakdown today. Related: 20-Day Consolidation Breakdown, Near 52-Week Low.
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