What is a weekly breakout setup?

A weekly breakout occurs when a stock's weekly close clears a multi-week resistance zone — typically the 20-week high — while the 30-week moving average is rising. Swing Edge scores these on weekly candles only (minimum 200 weekly bars of history) during Scan All.

How is this different from daily breakouts?

Daily scanners react to session-level pivots. The weekly breakout scanner filters for structural moves on Friday-weekly bars — fewer names, longer holding horizon, and less noise from single-day spikes.

Is the Weekly Breakout Scanner investment advice?

No. Levels, states, and scores are algorithmic research output from historical OHLCV. Swing Edge does not provide personalised investment advice.

Tutorial: App tour

Weekly Breakout Scanner

Weekly breakout setups

Stocks breaking out to new highs on weekly charts — longer-horizon swing setups.

For research and educational purposes only — not investment advice.

Prices and day-change figures use the last daily close from the latest scan — not live intraday NSE quotes.

How the Rounding Bottom Scanner Works

What is a rounding bottom?

Also called a saucer base, this pattern shows a smooth U-shape: price declines on the left, rounds through a multi-week trough, then rises on the right as momentum shifts. Unlike sharp V-bottoms, the turn is gradual — Swing Edge maps it with swing lows and linear slope stats, not curve fitting.

Swing-structure trough

The scanner finds a trough zone from confirmed swing lows with minimum width and controlled decline depth (roughly 12–40%). Left and right sides need adequate linear fit so the saucer is orderly — chaotic whipsaw patterns score down or fail gates.

EMA slope transition

A valid saucer often shows short EMAs flattening at the trough and turning up on the right side while longer averages lag. This transition is part of the score — it separates repair bases from still-falling knives.

Rim breakout confirmation

The rim is the recovery high of the pattern window. Confirmed breaks need a close above the rim with volume participation versus the 50-DMA. Retest tags appear when price holds above the rim after a recent clear — context for your chart work, not entry orders.

How to Use the Rounding Bottom Scanner

Step 1 — Wait for a fresh scan

The board loads from the latest stored scan. After market close, run Scan All from Admin to refresh. Check Last Updated in the hero for the scan date and completion time in IST.

Step 2 — Read trend context

Classic reversal tags mean the trough formed below a falling 200-DMA — deeper turnarounds. Constructive base tags mean price repaired near or above a rising 200-DMA — often earlier-stage bases in trending markets.

Step 3 — Check match state

Approaching rim names sit near the saucer top without a confirmed clear. Confirmed names closed above the rim on volume. Retest names recently broke and hold above on pullback — each state is model output for research.

Step 4 — Validate on the stock chart

Open the stock page to compare daily structure with rim level, trough duration and score notes. Cross-check with Base Formation if the name transitions into a tighter pivot base — multiple screens, one research workflow.

Rounding Bottom Concepts on This Board

Trough duration

How many bars the rounded low spans — wider troughs (within 30–90 bar windows) reflect classic saucer geometry in our rules.

Decline & recovery depth

Left-side decline and right-side recovery percentages must sit in constructive bands — too shallow or too deep fails the saucer definition.

Time symmetry

Left and right legs of the saucer should be reasonably balanced. Extreme asymmetry reduces the pattern score.

Volume at rim

Breakouts score higher when rim clears coincide with volume above the 50-day average — participation matters in the model.

Overhead supply

Fewer recent closes trapped below the rim means cleaner overhead in our supply metric — similar to other Swing Edge breakout boards.

Setup score

List minimum is 70 for confirmed/retest rows and 65 for approaching-rim candidates. Higher scores mean the model preferred the saucer footprint.

Learn while you scan

Short guides tied to what this scanner measures — read while you scan.

Pattern

What is VCP?

Volatility contraction bases — progressive tightening before a potential pivot break.

Trend

What is Stage 2?

Weinstein’s advancing phase — rising averages and constructive price structure.

Momentum

How to use RS?

Relative strength rank — find leaders outperforming the NSE universe.

Institutional

Spotting accumulation

Tight flags, volume dry-up, and quiet trade into pivots — supply fading signs.

Scanner FAQ (SEO)

What is a rounding bottom? A rounding bottom (saucer base) is a gradual U-shaped decline and recovery built from swing structure — a rounded trough with improving EMA slope, not a sharp V-reversal.

Classic reversal vs constructive base: Classic reversals form below a falling 200-DMA at the trough. Constructive bases appear near or above a rising 200-DMA — early Stage-1 repair rather than deep bear-market turns.

Match states: Approaching rim (near saucer top), confirmed (rim break with volume), or retest (holding above rim after a recent clear).

Advice: Rim levels, trough stats and scores are algorithmic research — not personalised investment advice.

Coverage: ~2568 liquid NSE names scanned daily when Scan All runs after market close.