About Higher Highs

HigherHighs.com looks for stocks with an established upward trend, a meaningful pullback and signs that momentum may be returning.

The approach

1. Established strength

Start with stocks that have repeatedly made new 52-week highs and delivered strong gains over the past year.

2. A useful pullback

The sweet spot is often around 10% to 20% below the latest high. The first-pass screen is deliberately wider, allowing stocks within 25% of their 52-week high in the US and within 30% elsewhere, so promising charts are not excluded too early.

3. Momentum returning

Require a positive latest price move, then use the chart, 20-day exponential moving average, volume, 14-day RSI, MACD and trailing-stop context to judge whether upward momentum may be returning.

First-pass filters

These are the current thresholds used to build each market watchlist. Passing the screen is only the starting point for chart review, not a recommendation to buy.

FilterUSCanadaUKAustralia
Latest price changeAbove 0%Above 0%Above 0%Above 0%
New 52-week highsMore than 50More than 40More than 40More than 40
52-week price changeAbove 100%Above 60%Above 60%Above 60%
Weighted Alpha15 or higher15 or higher15 or higher15 or higher
14-day RSI35 to 6535 to 6535 to 6535 to 65
Distance from 52-week highWithin 25%Within 30%Within 30%Within 30%
Last price1 to 200Above 1Above 1Above 1
50-day average volumeAbove 100,000Above 10,000Above 10,000Above 10,000

Price thresholds use each market's quoted currency. The US screen covers NYSE, NYSE Arca, Nasdaq and OTC-US common stocks, excluding ETFs and other non-common securities. The Canadian screen covers the TSX, TSX Venture, Canadian Securities Exchange and Cboe Canada, including non-common securities.

Use SuperTrail on any chart

SuperTrail is available from supertrail.io for users who want the full indicator. It is designed for TradingView, so you need to use TradingView for the indicator to work.

SuperTrail visualises adjustable trailing-stop levels and trend changes. It can help compare volatility, give a rising trend room to continue and show where a deeper reversal may warrant a closer look. Its alerts can also help you monitor a chart without watching it continuously.

Once SuperTrail has been added to your TradingView account, you can apply it to any chart and timeframe available there, not only the stocks selected by Higher Highs.

Higher Highs is an educational research tool. It is not personal financial advice or a recommendation to buy or sell any security.