Going through today’s CANSLIM screen, one thing jumped out: 20 stocks made the cut, and industry group 83 is the strongest with 4 names. The top RS Ratings are 98, shared by CRS and ENVA — these are the leaders outrunning nearly every other stock.
What makes these CANSLIM names?
Every stock here passes William O’Neil’s criteria. The RS Rating (1-99) measures price strength versus all stocks — that’s the L, leaders. The EPS Rating grades earnings growth (the C and A). The Composite Rating blends both. An RS Rating in the 90s means the stock is beating at least 90% of the market. Simple as that.
CRS — Pulling back to the 20-day, not quite ready
CRS sits 8% above its 50-day moving average, which is rising. The base is only 3 weeks old with 14.9% depth — too early for a proper flat base (needs 5 weeks). The contraction sequence goes 9.7% → 8.7% → 9.9%, which is not shrinking, so this isn’t a valid VCP. Volume is drying up inside the base, and the 10d/50d volume ratio is 0.8, meaning trade is cooling. I’d call this one forming a base mid-correction, watch only.
ENVA — Extended, no base
ENVA is 25.2% above its 50-day moving average and only 0.3% off its 52-week high. That’s extended — chasing here is late. There’s no base at all (0 weeks since the high). The RS and EPS ratings are top-notch (98 and 96), but the chart says wait for a pullback. This stock is under accumulation based on the up/down volume ratio of 1.0, but it’s too far from support.
CARE — At highs, no base yet
CARE is at a 52-week high with only 1 session since that high. The base depth is 4.1%, which is tiny. The 10d/50d volume ratio is 0.98, and the up/down volume ratio is 1.67 — that’s strong accumulation. But without a proper base, this is just a stock running. I’d put it in the “forming a base” bucket, but it’s too early to act.
NTAP — Cup-shaped base, mature
NTAP has a cup-shaped base that’s 7.8 weeks long and 22.6% deep — that’s mature and within O’Neil’s 15-33% range. The contraction sequence (18.9% → 11.0% → 11.7%) isn’t shrinking, so it’s not a VCP. Volume is drying up inside the base, and the 10d/50d volume ratio is 0.62, which is low. The up/down volume ratio is 1.36, showing accumulation. This one is building a base mid-correction, and I like the structure, but I’d wait for a proper breakout on heavy volume.
CRWD — Early cup base, needs time
CRWD’s cup base is only 1.6 weeks old — way too early (needs at least 7 weeks). Depth is 17.5%, which is fine. The stock is right at its 50-day moving average (0.8% above), so it’s resting. Volume is drying up, and the 10d/50d ratio is 0.7. This is a watch-only name until the base matures.
GEO — Bull flag, tight but early
GEO shows a bull flag: a 35.9% gain over 20 sessions (the pole), then a 15-session flag that’s 11.7% deep. The contraction sequence (11.7% → 6.3% → 7.9%) isn’t shrinking, so it’s not a perfect VCP. Volume is drying up inside the flag. A proper breakout would need a new high on heavy volume. The stock is 12.1% above its 50-day, so it’s not extended yet. I’d call this forming a base / tight contraction, but the flag is still young.
SEZL — Cup base, early and wide
SEZL’s cup base is 1.4 weeks old — too early. Depth is 22.5%, which is okay, but the daily range is 7.25%, wider than the prior 30 days. That’s not tightening. The 10d/50d volume ratio is 0.98, neutral. This one is building a base mid-correction, and I’d leave it alone for now.
VCTR — Bull flag, under accumulation
VCTR has a bull flag: a 25.4% pole over 11 sessions, then an 8-session flag that’s only 7.6% deep. That’s tight. The up/down volume ratio is 1.89 — strong accumulation. The 10d/50d volume ratio is 1.05, showing trade is heating up. The stock is 12.2% above its 50-day, not extended. This one is under accumulation, and I like the tape here. A breakout above the flag high on volume would be the trigger.
STT — Flat base, too early
STT’s flat base is only 1.4 weeks old (needs 5 weeks) with 6.8% depth. That’s fine depth, but the duration is short. The up/down volume ratio is 1.63, showing accumulation. The 10d/50d ratio is 1.16, above average. This is forming a base, but it’s too early to buy. Watch it mature.
WELL — At highs, no base
WELL is at a 52-week high with 0 weeks of base. The 10d/50d volume ratio is 0.77, low. The up/down volume ratio is 1.69, which is strong accumulation. But without a base, this is just a momentum run. I’d put it in the extended bucket — it’s 11.8% above its 50-day.
AAPL — At highs, no base
AAPL is at a 52-week high with no base. The up/down volume ratio is 2.23 — very strong accumulation. The 10d/50d volume ratio is 0.88, slightly below average. This stock is extended at 9.7% above its 50-day. I’d wait for a pullback.
LLY — Pulling back to 20-day, normal rest
LLY is 5.7% above its 50-day and pulling back to the 20-day moving average. The base is 2.8 weeks old with 9.2% depth — too early. The contraction sequence (6.7% → 4.6% → 5.6%) isn’t shrinking. Volume is drying up. This is forming a base mid-correction, and I’d watch for the base to mature.
NBIX — Testing highs, volume not confirming
NBIX is testing its 52-week high, but volume isn’t confirming. The 10d/50d volume ratio is 0.9, and the up/down ratio is 1.29 — neutral to slightly positive. The base is 2.2 weeks old, too early. This one is forming a base, but I’d wait for a volume spike on a breakout.
SN — Flat base, too early
SN’s flat base is 1.2 weeks old (needs 5 weeks) with 9.6% depth. Volume is drying up inside the base. The stock is 13.8% above its 50-day, which is getting extended. This is forming a base, but it’s too early and the stock is a bit high above its moving average.
HWM — At highs, no base
HWM is at a 52-week high with no base. The 10d/50d volume ratio is 0.68, low. The up/down volume ratio is 1.29, showing some accumulation. This stock is 7.5% above its 50-day, not too extended, but without a base, I’d pass.
INCY — At highs, no base
INCY is at a 52-week high with no base. The up/down volume ratio is 2.13 — strong accumulation. The 10d/50d ratio is 0.86, slightly below average. This one is extended at 11.3% above its 50-day. Wait for a pullback.
SKWD — Bull flag, not tightening
SKWD has a bull flag: a 42.2% pole over 20 sessions, then a 14-session flag that’s 10.9% deep. The contraction sequence (7.8% → 8.2% → 8.8%) is not shrinking, so it’s not a valid VCP. The stock is 16.3% above its 50-day — extended. This one is forming a base, but I’d be cautious given the lack of tightening and the extended position.
EXEL — Pulling back to 20-day, normal rest
EXEL is 5% above its 50-day and pulling back to the 20-day. The base is 2.8 weeks old with 5.9% depth — too early. The contraction sequence (4.3% → 4.2% → 4.5%) is flat, not shrinking. Volume is drying up. This is forming a base mid-correction, watch only.
WLFC — Bear flag, stage 1, avoid
WLFC is in a bear flag: a 74.4% drop, then a weak 4-session drift. The stock is 62.1% below its 50-day and 71.2% off its 52-week high. The 200-day moving average is rising, but the stock is far below it. This is stage 1 basing below the 200-day. The contraction sequence (12.4% → 15.1% → 11.6%) isn’t shrinking. This one worries me — it’s a watch-only name, and I’d avoid it until it shows signs of turning.
HALO — At highs, no base
HALO is at a 52-week high with no base. The 10d/50d volume ratio is 0.86, and the up/down ratio is 1.27 — neutral. This stock is 11.4% above its 50-day, extended. No base, no trade.
How to use this list
This screen gives you the leaders, but the chart is everything. I’d focus on names forming proper bases — NTAP’s cup base is the most mature here. VCTR’s bull flag under accumulation is interesting, but I’d wait for a breakout on volume. Never chase extended stocks like ENVA or AAPL. Always respect the 7-8% stop loss and judge the general market (the M in CAN SLIM) yourself. No buy or sell recommendations here.
FAQ
What is the RS Rating?
The RS Rating is a 1-99 percentile score that measures a stock’s price strength versus every other stock in the market. A rating of 98 means the stock has outperformed 98% of all stocks over the past 12 months.
What does ‘extended’ mean in stock charts?
Extended means a stock has risen too far above its 50-day moving average — typically more than 15-20%. Buying an extended stock increases your risk of a sharp pullback. It’s better to wait for it to pull back and form a new base.
What is a volatility contraction?
A volatility contraction (VCP) is a pattern where each pullback in a base is smaller than the last, and volume dries up. It shows that sellers are losing power. Mark Minervini popularized this setup as a sign of tight supply before a breakout.
This content is for educational purposes only and does not constitute financial advice. Always do your own research before trading.
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