Stan Weinstein Scanner

Weinstein Stage 3 — Top Formation

Scan 5,000+ stocks daily for Weinstein Stage 3 distribution tops. Flattening MAs, choppy action, and distribution volume detected. Each setup graded A+ to B.

5,000+
Stocks Scanned
Daily
Updated
A+ to B
Grading
Free tier
Price
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M
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How the Weinstein Stage 3 — Top Formation scanner works

Stage 3 in Weinstein's framework is the distribution phase — where a stock has stopped advancing and smart money is quietly exiting. The moving average flattens, price action becomes choppy, and volume often increases on down days. Recognizing Stage 3 early can help traders avoid holding through a Stage 4 decline. Our scanner identifies stocks showing these distribution characteristics.

What we analyze

30-week moving average flattening after uptrend
Increased volatility and choppy price action
Distribution volume patterns
Failure to make new highs
Breakdown of uptrend structure

How our grading system works

For Stage 3 setups, an A+ grade means the 30-week MA has clearly flattened after a sustained uptrend with increasing volume on down days and multiple failed attempts to make new highs. This is not a prediction of future price movement — it is a way to prioritize which charts deserve your attention first.

A+
Textbook setup with strong confluence
A
High-quality setup worth watching
B+
Decent setup with some reservations
B
Pattern detected but lower conviction

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AskLivermore scans 5,000+ NASDAQ and NYSE stocks daily · Not financial advice · Past performance does not guarantee future results