A Stock Just Broke Above Yesterday's High. Now What?
A daily breakout occurs when today's high pushes above yesterday's high, a sign buyers are in control. The Daily Breakouts tool scans the market and detects stocks that have broken out today and shows what usually happens next.
Every chart has a moment the buyers tip their hand, and the cleanest one is the daily breakout. Today's session trades above yesterday's high. The sellers who capped that level a day ago just gave way, and for one bar at least, demand won. No interpretation required: the high of the day printed above the high of the day before.
The folklore says a break of the prior high means more upside is coming. The honest answer is more interesting: what happens next depends on how many days in a row it has broken out, where price sits versus its short-term trend, and the ticker. A first breakout off a base is not the same setup as a fifth-in-a-row breakout on an extended tape. The forward distribution looks completely different.
A live signal banner, a 45-day forward price cone, a Next Move Direction bar graph, a full sortable event log, and a watchlist scan that surfaces today's active breakouts at a glance.
One glance tells you whether the stock is breaking out today and how many days in a row.
Projects the next 45 days by applying forward returns from past similar breakouts.
How often price rose or fell by a set percentage after similar breakouts.
A breakout fires when today's high trades above yesterday's high. The tool also counts how many days in a row it has broken out.
The tool scans the market and auto-highlights stocks breaking out today.
The Historical Log displays every past instance when the stock broke out like today.
Check if any stocks on your watchlist or in the market broke out today.
Open the 45-day price cone. It shows how price behaved after similar breakouts in the past. This gives you a realistic view of what typically happens next instead of guessing.
Switch to Bar Graph view and set your target price level. The bars show how often similar breakouts reached that distance by upcoming expirations. Toggle between "By Touch" and "By Close" depending on your strategy.
Before acting on the signal, open the events log. Check how many historical matches exist and whether they cluster in one period. A small sample or regime-specific cluster tells you the signal may be less reliable than the percentages suggest.
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