Open Low Stocks

Open Low Stocks

Open Low Stocks

Open Low Stocks

What are Open Low Stocks?

Open Low Stocks are those that open the trading day at the lowest price point they reach during that day. This can occur due to negative news released after the previous day's close or early market reactions to broader economic events. Such stocks attract attention as they may indicate either a continued downward trend or a potential for rebound if the market perceives the initial drop as an overreaction.

What do Open Low Stocks Tell Us?

Open Low Stocks typically tell us that a stock started the day with weak investor confidence, possibly due to adverse events or bearish market sentiment. Observing these stocks can provide insights into market volatility and the potential for rapid shifts in investor sentiment throughout the day. It's crucial for identifying stocks that may experience significant intraday price recovery or further decline.

Filters Used to Sort the Above Stocks

1. Open Price = Low Price 1 Day

This filter is applied to identify stocks whose opening price equals their lowest price for the day. This filter is crucial because it highlights stocks that open weakly but may not necessarily continue in the same direction. It allows traders to monitor these stocks for potential early recovery or to capture downward trends, depending on their strategy.

Key Takeaways

1. Indicator of Overselling

Open Low stocks may indicate an overselling condition at the start of the trading day. These stocks are key to watch for signs of a rebound as the market may quickly correct an initial overreaction.

2. Behavioral Insight

Tracking stocks that open at their low provides unique behavioral insights into trader reactions to overnight or early morning news. This can highlight investor sentiment extremes that are useful for predicting short-term market directions.

3. Entry Point Opportunities

Stocks opening low often provide excellent entry points for traders who specialize in contrarian strategies, as these stocks may offer significant upside if they recover during the remainder of the trading session.

4. Benchmark for Stability

Observing the recovery of open low stocks throughout the day can serve as a benchmark for market stability or recovery. A quick rebound from opening lows can signal broader market strength or resilience.

5. Confirmation of Trends

For stocks that do not recover post an open low, this can confirm a bearish trend, helping traders and investors to adjust their portfolios towards more stable assets or to increase short positions accordingly.

Open Price
Low Price

EMA (10, 15 Min)
Close Price

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Price
Day Price Change
Change %
Volume
P/E Ratio
Market Cap (Cr.)
Open Price
EMA (10, 15 Min)
Close Price
0.28 0.01 3.70% 2,69,97,717 5.60 146 0.27 0.28 0.28
3.26 0.06 1.87% 1,84,89,870 163.00 180 3.26 3.26 3.26
117.73 19.15 19.43% 1,80,18,468 113.62 1,982 99.37 114.95 117.73
10.04 0.47 4.91% 1,14,48,648 47.81 145 10.03 10.04 10.04
1.56 0.06 4.00% 66,73,260 78.00 138 1.50 1.54 1.56
1,133.50 86.75 8.29% 54,21,616 39.16 15,766 1,053.50 1,123.97 1,133.50
9.64 0.18 1.90% 48,56,229 482.00 321 9.64 9.64 9.64
2.79 0.08 2.95% 48,05,314 13.95 25 2.59 2.78 2.79
27.26 4.54 19.98% 27,53,051 105.46 201 24.20 27.15 27.26
189.10 3.70 2.00% 20,36,412 1,050.56 3,858 189.10 189.04 189.10
5.25 0.03 0.57% 14,36,902 1.64 568 5.05 5.26 5.27
21.66 -0.70 -3.13% 11,99,310 6.67 320 21.24 21.63 21.66
49.40 2.35 4.99% 11,28,771 50.93 370 44.70 49.35 49.40
0.43 0.00 0.00% 10,03,588 3.91 25 0.42 0.43 0.43
1.50 -0.01 -0.66% 9,32,727 12.67 93 1.50 1.51 1.52
1,018.60 26.10 2.63% 9,23,549 78.29 7,889 992.80 1,018.01 1,018.60
4.17 0.37 9.74% 8,49,565 204.00 88 3.89 4.11 4.11
61.87 -1.27 -2.01% 7,13,863 -2.94 646 61.87 61.89 63.14
263.95 2.55 0.98% 6,67,904 53.08 8,728 261.20 262.89 263.95
148.95 2.53 1.73% 4,75,591 20.97 6,013 146.00 148.80 148.95
10.40 -0.10 -0.95% 4,74,740 - 22 10.10 10.42 10.47
15.10 0.59 4.07% 4,70,000 21.88 75 13.79 15.08 15.10
499.30 16.10 3.33% 3,39,850 6.51 7,907 483.50 496.85 499.30
243.05 13.80 6.02% 3,34,356 -129.65 550 226.05 242.19 243.05
48.21 0.40 0.84% 3,01,460 - 1,227 47.61 48.21 48.21