Basing Setup
Weinstein's Stage 1 — the long, sideways accumulation phase where a stock trades in a choppy range, often below its 30-week MA or as it flattens. This is where smart money quietly builds positions before the Stage 2 breakout. Not a buy yet — but a stock to watch closely.
Historical replay numbers are unavailable because the artifact is stale (source bars are 15 days old). The page does not substitute zeros or older results.
How this is measured →Setup Criteria
- › Stock trading in a sideways range, low volatility
- › 30-week MA is flat or just beginning to turn up
- › Volume is low and contracting during the base
- › Relative strength not breaking down vs market
- › Length: weeks to months — longer base = stronger move
Do NOT buy yet — wait for the Stage 2 breakout above the range on volume.
N/A during Stage 1 — this is a watchlist / monitoring pattern.
What Happened Next
Forward returns after the scanner first flagged a Basing (score ≥ 70, gatekeeper passed, one signal per base) — computed from stored daily bars, no lookahead. 17 historical signals.
| After | Median Return | % Positive | Sample |
|---|---|---|---|
| 5 sessions | -1.6% | 23.5% | 17 |
| 10 sessions | -1.8% | 35.3% | 17 |
| 20 sessions | -3.2% | 25.0% | 12 |
| 40 sessions | +6.2% | 60.0% | 5 |
Median best move inside 40 sessions: +4.9% · median worst drawdown: -5.8%. Past scanner behavior does not guarantee future outcomes. Not investment advice.
