Screening Filters
Market Cap ≥ 10,000,000,000 (Large Cap)
- Purpose: Restrict results to large-cap stocks.
- Rationale:
- A minimum market cap of $10B is a common cutoff for large-cap companies.
- This directly matches your request to see large-cap stocks, excluding small/mid caps and more speculative names.
Candlestick Pattern: UpperShadow, LowerShadow
- Purpose: Identify stocks showing key reversal–type candlestick behavior.
- Rationale:
- A “key reversal” day often features:
- A sharp move to a new high followed by a close near the low (bearish reversal), which visually appears as a long upper shadow.
- Or a sharp move to a new low followed by a close near the high (bullish reversal), which appears as a long lower shadow.
- By filtering for
UpperShadow and LowerShadow, the screener is effectively looking for candles where price reversed intraday, a core characteristic of key reversal patterns.
New High/Low: 52w_High, 52w_Low, 20_High, 20_Low
- Purpose: Ensure the reversal happens at a meaningful extreme in price.
- Rationale:
- A classic key reversal pattern is defined by:
- Occurring at or near a significant prior extreme (often a recent or 52-week high/low).
- Including:
52w_High and 52w_Low: captures reversals at major yearly extremes.
20_High and 20_Low: captures shorter-term swing extremes where key reversals also matter to traders.
- This ensures you’re not just seeing random intraday shadows, but shadows forming at important highs or lows, which aligns with the idea of a key reversal.
Why Results Match
- The market cap filter guarantees you are only seeing large-cap names, as requested.
- The candlestick pattern filters (UpperShadow/LowerShadow) identify days with pronounced intraday reversals, the structural hallmark of key reversal candles.
- The new high/low filters ensure these reversal candles occur at significant price extremes (recent or 52-week highs/lows), which is precisely where key reversals are most meaningful.
Taken together, these filters focus on large-cap stocks showing strong reversal-type candlesticks at important highs or lows, which is an appropriate operationalization of your request for “large-cap stocks with key reversal patterns.”
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.