Price breaking below yesterday's low — bearish breakdown for short setups.
Stocks matching this pattern right now appear in the list. Select one to see its chart and backtested strategy performance.
Part of Breakdown Stocks Today
20 stocks matching now.
"Close crosses below previous Low" is a strict cross-detection filter: on the previous bar, close was at or above the prior day's low; on the current bar, close is below it. This fires only on the exact breakdown bar. Volume above the 20-bar average confirms genuine selling participation rather than thin-market drift. The cross filter prevents the screen from firing on days where price simply opened below the prior low (a gap-down where no fresh cross occurred on the current bar). Currently 3 stocks -- consistent with modest but real selling pressure in the universe.
Prior Day Low breakdowns carry more weight when the prior day's low was a significant multi-session support level. The natural stop for short entries is the prior day's low, now acting as resistance. The primary failure mode is the bear trap: stock crosses below PDL at close, screen fires, then gaps up the following session above it on positive news -- trapping short sellers. This is especially common for large-cap stocks near significant support levels where institutional buyers are watching. Compare to Near 52-Week Low for broader context. For the bullish mirror, see Prior Day High Breakout.
Educational references. Videos may not match this screen's exact filters.
This screener finds stocks whose current close has crossed below the prior session's low on above-average volume -- the bearish mirror of the Prior Day High Breakout. Price has broken the prior session's floor (PDL) with seller conviction. Short sellers and risk managers use this as a momentum signal with a clear reference level for stop placement. Who uses this: traders structuring short entries around prior session support breaks. Search phrases: prior day low breakdown screener, stock breaking below yesterday's low, PDL breakdown with volume. Related: Prior Day High Breakout, Near 52-Week Low.
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