Our scanner identifies such stocks that have witnessed fallen volatility along with a higher chance to break Bollinger Band in either direction.  

Bollinger Band is an important technical indicator, defined by the 20-day moving average and two standard deviations (positive & negative). Bollinger Band Squeeze is generally used by traders, who try to capture a stock’s significant advance or decline.

 Our scanner identifies such stocks that have witnessed fallen volatility along with a higher chance to break Bollinger Band in either direction.  

It is assumed that the periods of low volatility are followed by a period of high volatility. One must note that the periods of low volatility provide investors with stocks that are in the consolidation range and in a neutral setup.