Technical & Price Action
Stocks Down 20-50% from 52-Week High is a Technical & Price Action screen. It checks every NSE-listed stock against 1 condition computed from nightly data, after excluding heavily pledged promoters and very small market caps. This page explains the rule, each figure and its source. It lists no stocks and is not advice.
A correction from the 52-week high is a price observation with no inherent judgement about whether the correction is justified. When a fundamentally sound business has corrected 20-50% from its yearly peak — whether due to market-wide selling, sector rotation, or temporary earnings disappointment — it may represent a better-risk entry point than it did at the top. This screener makes no prediction and carries no buy signal by itself: it surfaces stocks where the price has corrected significantly, so that further fundamental analysis can determine whether the correction is an opportunity or a warning. The challenge — always — is distinguishing temporary price weakness from permanent business deterioration.
A stock must satisfy every condition below. Conditions are grouped under the pillar they test.
Correction Magnitude
Hard excludes
Ranked by % From 52-Week High, lowest first.
Discount from 52-Week High (%)
The percentage by which the current price is below the 52-week high. A value of -30 means the stock is 30% below its yearly peak.
Low is better
52-Week High (₹)
The highest closing price achieved in the past 52 weeks (one year of trading). This is the reference point for measuring the correction.
A higher 52-week high relative to the current price tells you the magnitude of upside if the stock were to fully recover. It also tells you how many prior buyers are currently sitting at a loss and may sell on any recovery.
High is better
Type hypothetical values to see which conditions they satisfy. These are not real stocks and nothing here is stored.
Enter values to begin
How many stocks pass if this threshold were set differently. Counts only; no stocks are named.
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AI-generated plain-language explanation
In the past data we checked, we could not tell the stocks this screen picked apart from the ones it left out. We looked back over 64 months. Each month we checked whether the stocks this screen picked did better, over the following month (21 trading days), than the stocks it didn't pick. We score that from -1 (the picks always did worse) to +1 (always did better); 0 means no pattern. This screen scored -0.0031. As a measurement, the score is essentially zero. If the screen had no real edge, a score at least this far from zero would show up about 54 in 100 by luck alone. That does not mean the screen is wrong; it still works for narrowing a list of stocks by your own rules. This is a record of the past, not a prediction.
This content has been generated with the assistance of artificial intelligence tools by FINOME TECHNOLOGIES PVT LTD. It is for educational purposes only and does not constitute investment advice, a research report, or a recommendation under SEBI (Research Analysts) Regulations, 2014 or SEBI (Investment Advisers) Regulations, 2013. Not investment advice. Issued in compliance with SEBI circular SEBI/HO/MIRSD/MIRSD-SEC-5/P/CIR/2024/149.
In the past data we checked, we could not tell the stocks this screen picked apart from the ones it left out. We looked back over 64 months. Each month we checked whether the stocks this screen picked did better, over the following month (21 trading days), than the stocks it didn't pick. We score that from -1 (the picks always did worse) to +1 (always did better); 0 means no pattern. This screen scored -0.0031. As a measurement, the score is essentially zero. If the screen had no real edge, a score at least this far from zero would show up about 54 in 100 by luck alone. That does not mean the screen is wrong; it still works for narrowing a list of stocks by your own rules.
This is a record of the past, not a prediction.
Not yet testable — 5 of 6 points needed to chart a rolling information coefficient.
This is a historical, statistical measurement produced by FINOME TECHNOLOGIES PVT LTD's research harness on past data. It is not a prediction, and past results do not indicate future results. The universe is today's Nifty 500 constituents, so the sample is affected by survivorship bias. It describes how a screen's selections behaved in the past and does not constitute investment advice or a recommendation.
Rule version 1.0.0