Failed Auction Screener
| Side | Lifecycle | Flow Proxy | A/B | Current | Reference | Extreme | Wick | Actions | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No failed auction signals match the current filters. | |||||||||||||||
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Screen Thesis
Detection Logic Snapshot
Order-Flow Education: CVD, Absorption, Acceptance, Sequence
Meaning: This is an OHLCV close-location estimate, not exchange bid/ask volume. Rising values suggest bars closing nearer their highs; falling values suggest closes nearer their lows.
How to use: Use CVD direction to validate failed-auction fades. A bearish failed auction with weakening CVD usually has better follow-through.
Meaning: Normalized delta measures how unusually strong the current bar’s pressure is relative to recent bars.
How to use: Higher absolute Z values indicate stronger flow events. Combine with wick rejection to separate real traps from noise.
Meaning: The proxy combines unusually directional OHLCV pressure with rejection at a recent extreme. True absorption requires bid/ask volume-at-price data.
How to use: Absorption + failed auction often marks high-quality reversal zones, especially near prior extremes.
Meaning: Continuation means the OHLCV pressure proxy and price both extend beyond prior structure instead of rejecting it.
How to use: If continuation appears after a failed auction setup, fade edge can weaken. Prefer setups where continuation is absent or quickly rejected.
Meaning: Acceptance confirms that initiative buyers/sellers are still in control and price is holding outside prior levels.
How to use: Treat acceptance tags as trend-strength context. For contrarian entries, reduce size when acceptance opposes your fade.
Meaning: Sequence signals a two-step structure where continuation is followed by acceptance, often indicating cleaner directional control.
How to use: When sequence prints against your failed-auction direction, tighten risk or skip marginal setups.
Meaning: A/B grades classify the OHLCV proxy pattern. They are relative shortlist grades, not footprint-confirmed absorption grades.
How to use: Prioritize A-grade names for shortlist reviews first, then B-grade names if risk-reward remains favorable.
Meaning: Each signal is tagged as Neutral, Continuation, Trap, or Absorption Proxy to summarize its OHLCV-derived behavior.
How to use: Use Flow state as a fast triage layer: Absorption/Trap for reversal focus, Continuation for momentum context, Neutral for lower conviction.
Failed Auction Setup Notes
When to use: Use when the latest candle sweeps below the recent range low, then reclaims back inside.
Trigger: Lower wick holds below prior low, close re-enters range, and volume does not collapse.
Confirmation: Follow-through above the failed-auction reference or immediate higher-low response.
Risk: Avoid late chasing if price already rotates deep toward the opposite side of range.
When to use: Use when the latest candle sweeps above the recent range high, then fails back inside.
Trigger: Upper wick rejects the breakout and close returns under the prior range high.
Confirmation: Next bar sustains under the reference level or prints immediate lower high behavior.
Risk: Thin breakout traps can re-expand fast, so invalidation above the failed extreme matters.
When to use: Prioritize when the signal prints with above-average participation rather than passive drift.
Trigger: Volume ratio above 1.2x usually improves rejection significance for short-term rotation ideas.
Confirmation: Range expansion and strong wick ratio together tend to produce cleaner shortlist quality.
Risk: Low-volume failed auctions can remain noisy and may just reflect random mean reversion.
When to use: Use the close as a trigger reference, the failed extreme as invalid, and the range as model levels.
Trigger: Level 1 is the midpoint; Level 2 is the opposite side of the prior range.
Confirmation: High-conviction names retain usable distance to the model levels after closing back inside the range.
Risk: If the close is already too deep into the range, fade edge compresses quickly.
FAQs: Failed Auction Scanner
What does this failed auction screener detect?
It is an OHLCV proxy that scans for candles breaking above or below a recent range, then closing back inside with wick-based rejection. It does not have footprint bid/ask volume-at-price data.
How is this different from a normal breakout screener?
Breakout scanners reward acceptance outside the range. This page does the opposite: it looks for rejection after attempted acceptance, which is more useful for fade or rotation setups.
What is the recent range here?
By default the API compares the latest candle with the highest high and lowest low from the prior lookback window, excluding the newest bar.
Why are wick ratio and volume ratio important?
Wick ratio helps separate real rejection from weak closes, while volume ratio helps highlight signals that attracted enough participation to matter.
Signal Families in This Scanner
Failed auction screener for opening extremes
The Failed Auction Screener highlights opening price extremes that meet its rejection and retest rules. It helps monitor stocks where the initial high or low remains an important reference during the observed session.
Check the opening interval, elapsed time and later retests on the chart. During a live session an extreme has only remained unvisited so far; later trading can change that status. A rejection does not identify institutional intent or establish a durable level for future sessions.
What does this failed auction screener detect?
It is an OHLCV proxy that scans for candles breaking above or below a recent range, then closing back inside with wick-based rejection. It does not have footprint bid/ask volume-at-price data.
How is this different from a normal breakout screener?
Breakout scanners reward acceptance outside the range. This page does the opposite: it looks for rejection after attempted acceptance, which is more useful for fade or rotation setups.
What is the recent range here?
By default the API compares the latest candle with the highest high and lowest low from the prior lookback window, excluding the newest bar.
Why are wick ratio and volume ratio important?
Wick ratio helps separate real rejection from weak closes, while volume ratio helps highlight signals that attracted enough participation to matter.