A breakout occurs when a stock moves above or below the price range of an immediately preceeding time period (5, 10, 15, 20, 25, 30, or 40 days). Once a stock breaks out, we then wait 20 days before detecting the next breakout. If a stock is trending strong enough, the next breakout may occur on the very next (21st) day. The breakout statistics are calculated by adding up the highs, lows, and closes of the 20-day time period following the breakouts. Those numbers are then divided by the number of breakouts to get the average high, low, and close.

Sorting:

Volume -- sorted from highest to lowest volume, highest volume stocks are at the top of the list. A stock must have a daily volume of at least 20,000 shares and a 6month average volume of at least 40,000 shares to make the list

Relative volume -- compares today's volume to average 6-month daily volume, highest relative volume stocks are at the top of the list. If a stock has not been trading for at least 6-months then it's not included on the list.

Approx. time -- sorted by the approximate time we detected the breakout. The breakouts detected earliest in the day are at the top of the list. The most recent breakouts are at the bottom.


Because of our proprietary filtering process and the fact that we do not track all stocks on all exchanges, there may be stocks breaking out that are not listed.

For stocks that pay dividends, breakouts are calculated on a dividend-adjusted basis. Most charting software does not adjust historical data for dividends so it may not appear visually that a breakout has taken place when in fact one has (on a financial and psychological level).

Averages are rounded of to the nearest whole number. We use historical data going back to 2002.