The Breakaway Gap Signal
Gap up on high volume. Strong institutional buying.
What does the Breakaway Gap signal detect?
Breakaway Gap fires when a stock gaps open above its entire 20-day trading range and holds the gap into the close. Overnight repricing of that magnitude is almost always institutional (earnings, news, a re-rating), and the hold requirement confirms the move was bought rather than sold.
How does Signal52 compute Breakaway Gap?
Three conditions: today’s open above the highest high of the prior 20 sessions, the opening gap at least the minimum gap percentage, and the close at or above the open. A gap that fades below its open the same day does not qualify.
How should you read a Breakaway Gap signal?
Breakaway gaps out of consolidation start moves. The risk is confusing them with exhaustion gaps late in a run, so check how extended the chart already is (an active Extension flag is a warning) and whether the gap emerges from a base. The day-after edge on gaps is typically negative because they often digest before continuing. This signal marks the event, not necessarily the ideal entry tick.
Action Signals in the Elite Score: Action signals are timing patterns: breakouts, volume events, momentum turns, confirmed entries. They answer whether something is happening right now. An Action trigger on a stock with strong DNA is the combination the Elite Engine is built to surface.
Which stocks show Breakaway Gap today?
29 of 1,292 screened stocks show Breakaway Gap as of . The top 15 by Elite Score are below.
| Symbol | Elite Score | Price | Change |
|---|---|---|---|
| VRSN | 4.2 | 308.40 | 0.00% |
| AER | 3.2 | 163.34 | +3.04% |
| BBUC | 3.2 | 30.06 | +5.10% |
| CNO | 3.2 | 58.49 | 0.00% |
| ECL | 2.5 | 308.38 | 0.00% |
| AMRZ | 2.2 | 43.31 | +4.66% |
| JLL | 2.0 | 379.29 | 0.00% |
| VICI | 2.0 | 25.00 | 0.00% |
| MAX | 1.8 | 14.78 | 0.00% |
| MA | 1.6 | 658.10 | 0.00% |
| AXTA | 1.5 | 35.84 | +5.20% |
| RRC | 1.5 | 54.47 | 0.00% |
| PPG | 1.2 | 124.89 | 0.00% |
| YETI | 1.2 | 45.42 | 0.00% |
| GKOS | 1.1 | 238.61 | 0.00% |