Price trading within 5% of its 52-week low, potentially setting up for a support bounce or breakdown.
The 252-day low is the lowest closing price over approximately one trading year. "Close below 1.05x 252-day low" means the current price is at most 5% above the annual floor. Like its counterpart Near 52-Week High, this is a proximity filter without volume or indicator confirmation. The 5% threshold captures stocks in the support zone. The high stock count (84) signals that a meaningful portion of the universe is under sustained selling pressure. There is no direction filter -- this screen catches both stocks stabilizing near lows (potential bounce) and stocks continuing toward a new annual low.
The 52-week low is psychologically significant: it represents the price where buyers defended the stock over the past year. A stock that holds above it repeatedly attracts dip buyers; one that can't sustain any bounce often breaks to new lows. The main failure mode for value buyers: catching a falling knife. Stocks near 52-week lows often continue lower because there is no fundamental catalyst to reverse the selling. Positive confirmation signals -- rising relative volume on up days, bullish divergence in RSI, a sector catalyst -- reduce the false-positive rate. For the bearish breakdown scenario, see New 52-Week Low. For the near-high equivalent, see Near 52-Week High.
Educational references. Videos may not match this screen's exact filters.
This screener finds stocks trading within 5% of their 52-week low -- near the annual floor, where either a breakdown or a reversal may occur. Currently 84 stocks match -- the highest count of the 52-week range screens -- reflecting that more stocks are near annual lows than highs in the current environment. Value investors, contrarian traders, and short sellers all monitor this zone for different reasons. Who uses this: value investors looking for potential turnarounds, short sellers watching for breakdowns, risk managers monitoring deteriorating positions. Search phrases: stocks near 52-week low screener, approaching annual low, potential breakdown or bounce watchlist. For confirmed breaks, see New 52-Week Low.