breakout-scanner

Stock breakout scanning identifies momentum initiation signals by detecting price movements above 52-week highs and multi-week consolidation boxes with volume confirmation. This Skill applies technical analysis principles to a given universe of symbols to filter for these specific price resistance breakouts.

Yes, you can filter stock breakouts by volume ratio to target strong institutional participation. This Skill allows custom volume filtering to target specific breakouts, such as finding momentum stocks with volume ratios over 1.5x or a minimum volume ratio of 2.0.

Yes, yfinance is used as the underlying dependency to fetch the stock price data needed for detecting multi-week consolidation patterns. The Skill applies technical analysis criteria to this data to identify stocks breaking out of consolidation boxes.

The best way to find momentum stocks breaking 52-week highs is to apply a breakout scanner that checks for volume confirmation. This Skill detects 52-week high breakouts within a specified symbol universe using custom volume filters and a defined lookback period.

You configure a lookback period for consolidation box breakouts by setting the historical data range parameter, such as a 60-day lookback period. This defines the timeframe used to identify the consolidation patterns before scanning for volume-confirmed resistance breakouts.