Shooting Star
Long upper wick with weak close, useful after rallies or near resistance.
About This Scan
Shooting Star is a prebuilt technical scan for technical setups. Long upper wick with weak close, useful after rallies or near resistance. Every filter below is editable — load the scan into the screener, tune it to your risk appetite, and run it on live candles across 5m, 15m, 1h and daily timeframes.
Scan Rules
Stock passes all of the below filters in the ALL segment using 1D candles:
- 1.Upper Wick % greater than or equal to 1.2
- 2.Lower Wick % less than or equal to 0.5
- 3.Close Location % less than or equal to 40
- 4.Candle Body % less than or equal to 0.9
How To Use This Scan
- •Confirm the primary trigger before acting: Upper Wick % greater than or equal to 1.2.
- •Size positions to the chart's stop distance, not to conviction.
- •Re-run the scan near the close for stable daily readings.
Frequently Asked Questions
What is the Shooting Star scan?
Long upper wick with weak close, useful after rallies or near resistance. It passes all of 4 filters on 1D candles across the NSE universe.
Can I modify this scan?
Yes — clicking Run Scan loads every rule into the custom screener where you can tune values, change timeframes, add filters, save your version, and export results to CSV.