What stocks have have hit pivot bottom

Screening Filters

1. Monthly Average Dollar Volume ≥ 150,000

   • Purpose: Ensure the stocks are reasonably liquid and not thinly traded.
   • Rationale: When looking for “pivot bottoms” (potential reversal points), you want stocks where price moves are meaningful and tradable. A minimum dollar volume filter removes illiquid names where “pivots” could just be random price spikes with wide spreads and low reliability.

2. Support/Resistance Relationship: PriceAroundSupport

   • Purpose: Find stocks currently trading near a known support level.
   • Rationale: A “pivot bottom” usually forms around a key support area where selling pressure exhausts and buyers step in. By requiring that price is around support, this filter directly targets the technical zone where a bottoming pivot is most likely to occur.

3. Moving Average Relationship: PriceAboveMA5

   • Purpose: Capture stocks that have recently started to bounce from their lows.
   • Rationale: After hitting a bottom, an early sign of a pivot is price reclaiming short-term moving averages (like the 5-day). If the stock is now above its 5-day MA while still near support, that suggests it may have just turned up from a recent low, consistent with a “pivot bottom” scenario.

4. RSI Category: Moderate or Oversold

   • Purpose: Identify stocks that have been under pressure but are not in extreme overbought territory.
   • Rationale: A pivot bottom usually occurs after a period of weakness, often reflected by a low or recovering RSI.
     • Oversold: Indicates the stock was recently sold heavily, setting the stage for a potential reversal.
     • Moderate: Suggests the RSI is recovering from oversold or still low-ish, which is typical in early bottoming patterns.
       This combination fits the idea of “just coming off a low” rather than already being extended to the upside.

5. 1-Month Price Change %: from -45% to -1%

   • Purpose: Focus on stocks that have declined meaningfully over the past month, but not necessarily collapsed to the point of dysfunction.
   • Rationale: A pivot bottom generally follows a downward move.
     • The negative range ensures the stock has been in a recent downtrend.
     • Capping the decline at -45% avoids the most extreme crashes, which might be less predictable or suffer from severe fundamental problems.
     • Capping at -1% on the high side ensures you’re still looking at names that are down recently, not already in full recovery mode.

Why Results Match Your “Pivot Bottom” Request

• A pivot bottom typically:
  • Comes after a meaningful decline (captured by the negative 1-month price change and oversold/moderate RSI).
  • Forms near a technical floor (captured by PriceAroundSupport).
  • Starts to turn up, often first visible in short-term price behavior (captured by PriceAboveMA5).
  • Is more actionable in reasonably liquid stocks (captured by the minimum dollar volume).

Together, these filters aim to find stocks that have recently sold off, are now sitting on or near a support level, and are beginning to show early signs of turning up—matching the idea of having “recently hit their pivot bottom.”