Opened Above Yesterday's High, Red Candle (Buy Side)
Buy-side watch-list: the stock opened ABOVE yesterday's high (a gap that clears the whole previous range) and its latest completed candle on the chosen interval (5m by default) is red - a pullback inside a strong gap-up. Rules: Daily Open > 1 day ago High, and latest candle Close < Open. Pair it with your own support level (VWAP, the gap zone, yesterday's high) before acting. Not back-tested for edge.
About This Scan
A stock that opens above yesterday's high has gapped clear of the whole previous range, not just above yesterday's close. This scan lists those stocks while their latest completed candle is red, which is a pullback inside a strong gap-up. The first rule reads today's live daily candle against the previous session (Daily Open greater than the 1-day-ago High) and the second reads the candle on your chosen interval (Close below Open), so the list updates candle by candle. It is the buy-side view; the sell-side scan is its exact mirror for gaps below yesterday's low.
Scan Rules
Stock passes all of the below filters in the ALL segment using 5M candles:
- 1.Daily Open greater than 1 day ago High
- 2.Close less than Open
Last Session Sample
As of 2026-11-06 15:25, 16 stocks passed every rule. The 5 below are the strongest movers on the list.
| Symbol | Close | Change vs previous close |
|---|---|---|
| SAILIFE | 1768 | +11.95% |
| SMT | 522.1 | +7.83% |
| V2RETAIL | 173.4 | +7.54% |
| WABAG | 1983.3 | +6.57% |
| KNRCON | 109.51 | +2.34% |
Sign in to see the full list, the sector breakdown, a clickable history of every candle and extra columns. Past matches are not a forecast.
How To Use This Scan
- •Treat it as a watch-list of strong opens that are dipping: check whether the pullback is holding yesterday's high, the opening range low or VWAP before acting.
- •Switch the interval to 15m or 1h for a slower pullback; the Daily rule stays the same.
- •The list changes with every new candle. A stock drops off as soon as its latest candle closes green, so re-run it during the session rather than relying on one snapshot.
- •This scan has not been back-tested for an edge. Add a volume or trend rule and size positions to the chart's stop distance.
Frequently Asked Questions
What does opened above yesterday's high mean?
Today's opening price is higher than the highest price of the previous trading session, so the stock gapped past the whole previous day's range.
Which candle is checked for red?
The latest completed candle on the interval you select (5m by default). It is red when its close is below its open.
Is it a buy signal?
No. It lists strong opens that are pulling back so you can look for support. Confirm with price levels, volume and your own risk rules.