What Makes a Stock a Breakout Stocks List constituent?
Breakout stocks are equities clearing prior price resistance zones on high volume. This screen identifies stocks close to their 52-week highs with positive ROE and strong relative strength.
Identify Consolidation Closeness
Filter for stocks trading within 5% of their 52-week highs, consolidation before breakout.
Verify Price Momentum
Ensure the 1-year total return is positive, confirming a long-term uptrend.
Apply Profitability Gate
Require positive ROE to filter out speculative small-cap stocks without earnings.