Reversal from Top
Reversal-from-top exit screener (100 pts): near 52W high with overbought RSI (>70), bearish candle (shooting star / engulfing), distribution volume, MACD peaking. Only stocks with >8% 20-day gain. 80–100 Strong exit, 67–79 Exit signal, 55–66 Watch.
Logic: Hard gates: mcap > 200 Cr, avg_vol_20d > 50k, within 20% of 52WH, 20d gain > 8%. Pillar 1 — Topping (35): within 3% of 52WH=15, bearish candle body>50%=12, >20% above ema20=8. Pillar 2 — Overbought (30): RSI>72=15, RSI>65=10, MACD shrinking 3 bars=8, already negative=10. Pillar 3 — Distribution (20): high vol red day=10, OBV declining=10. Pillar 4 — Run-up (15): 20d gain >30%=15, >20%=10, >12%=5. Bonus: shooting star=+4, bearish engulfing=+4, double top=+4. Min 55, top 25.
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