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The breakout hierarchy and the Breakouts page

“Breakout” gets used for anything that went up. On the Breakouts page it means one thing: a stock clearing a specific, named level, and the page sorts every such stock by how far along that move it is.

One page, four questions

For any level there are four states worth knowing: still under it, just through it, well through it, or through it and back. The Breakouts page puts each on its own tab with a count, so the shape of the market is readable before you click anything.

TabWho is on it
At the levelStill under the level and within 1.5 ADR of it
Fresh breakoutCleared the level in the last 5 sessions
HigherCleared it earlier and still above it
Breakout DoneCleared it, then lost it

A stock that clears a VCP pivot and its 52-week high on the same day is one event, so each stock appears once per tab.

The Breakouts page on the Fresh breakout stage: setup, pivot, distance from the pivot, base length and when each stock broke out.
The Breakouts page on the Fresh breakout stage: setup, pivot, distance from the pivot, base length and when each stock broke out.

Which setups count as breakouts

The page reads one fixed list, the same list used for breakout counts elsewhere in the app: VCP, Base Breakout, Flat Base Breakout, ATH Breakout, 52W High Breakout, New High Breakout, Multi-Year High, Swing High Breakout, Momentum Breakout, Cup & Handle, Darvas Box, High Tight Flag and Gap Up & Base.

Pullback and reversal setups are left out on purpose: a retest of a level is an entry near it, not a clearance of it. Breakout Pullback stays on the Setups page.

How the high-level breakouts are measured

All four are judged on the stock's full stored daily history, not the six months of bars a daily chart shows, so “all-time” really is all the history held.

Each stock gets the highest tier it qualifies for, which is why ATH stocks don't also flood the 52-week list.

Why “At the level” is measured in ADR

A fixed 2% is a long way for a quiet large-cap and nothing for a small-cap that moves 5% a day. So closeness is measured in ADR — the stock's average daily range — and a stock is listed if it is within 1.5 average days of the level. If the ADR isn't known, a 3% cut-off is used instead.

Worked example with made-up numbers: two stocks are each 1.5% under a ₹1,000 level.

The tab sorts closest first by default, because proximity is the whole point of it.

Windows, sorting and columns

Breakout within. Today, This week or This month — 1, 5 or 22 sessions. It applies to Fresh breakout and Higher, and is counted in sessions, so a week with a holiday is still five trading days. At the level has no breakout date, so no window.

Sort. At the level: closest to the level, confidence or today's move. The other tabs: breakout-day move, most recent, confidence, or furthest past the pivot. The sort is remembered separately for each tab.

Columns. Symbol, setup, pivot, how far price is from it, base length in weeks, and either the volume dry-up (before) or the breakout volume and how long ago it broke out (after). The table and chart-grid views show the same list.

Reading it without fooling yourself

Where to find it

  1. In the Stocks app, open Scans → Breakouts.
  2. Pick a tab: At the level, Fresh breakout, Higher or Breakout Done.
  3. Set the breakout window and sort from the toolbar; switch between table and charts.

Common questions

How do I find stocks breaking out to an all-time high in India?

Open Scans, then Breakouts, in the FNOTrader Stocks app. ATH Breakouts are measured against the stock's full stored price history, and the Fresh breakout tab lists those that cleared their level in the last five sessions.

What is the difference between a 52-week high and a multi-year high breakout?

A 52-week high is the highest level in a year. A multi-year high clears the highest close of two or more years. Each stock is tagged with the highest tier it clears, so a multi-year high is not also listed as a 52-week high.

What does At the level mean?

The stock is still under a breakout level and within 1.5 times its average daily range of it, or within 3% when the range is unknown.

Is Breakout Pullback on the Breakouts page?

No. Pullbacks are retests of a level, not clearances, so they stay on the Setups page.

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