Building a Multi-Market Breakout Stock Screener in Python

📈 Introduction

In the fast-paced world of stock trading, identifying breakouts—moments when a stock’s price pushes above resistance with strong volume—can lead to powerful opportunities. To automate this process, we developed a multi-market breakout stock screener using Python.

This tool scans across markets like the NYSE, Nikkei 50, and Vietnam 50, analyzing price and volume data to pinpoint potential breakout candidates — and it even generates candlestick charts automatically.


🧠 System Overview

The project consists of three modules that work together seamlessly:

File Purpose
test10.py The heart of the system — fetches data and applies breakout screening logic.
breakout.py Provides a clean command-line interface (CLI) for running the screener.
ui_breakout.py A graphical user interface (GUI) built with Tkinter for intuitive use.

Architecture

flowchart TD
    A["ui_breakout.py (GUI Interface)"] --> B["breakout.py (CLI Wrapper)"]
    B --> C["test10.py (Core Screener)"]
    C --> D["Yahoo Finance API"]
    C --> E["Chart Generator (Plotly HTML/PNG)"]

⚙️ How It Works

1. Data Collection

The screener fetches three months of daily stock data from Yahoo Finance for top stocks in each market.
Tickers are automatically loaded (e.g., top 50 by market cap for NYSE, Nikkei, and Vietnam).

2. Screening Logic

The script applies a set of breakout filters:

  • Recent High: The close price must exceed the previous lookback period high.
  • Volume Surge: The trading volume must exceed the average by a configurable multiple (e.g., 1.5×).
  • Liquidity Filter: Ensures sufficient dollar volume to avoid illiquid stocks.
  • Weekly Confirmation (optional): Confirms breakouts on weekly timeframes.

Example core logic:

if is_breakout(df_t,
               lookback=lookback,
               volume_mult=volume_mult,
               min_margin=min_margin,
               min_close_pct=min_close_pct,
               weekly_confirm=weekly_confirm,
               weekly_lookback=weekly_lookback):
    results.append(t)

The program can retry downloads automatically if rate-limited and runs in batches for efficiency.


🌏 Multi-Market Scanning

You can screen multiple markets simultaneously:

  • 🇺🇸 NYSE
  • 🇯🇵 Nikkei 50
  • 🇻🇳 Vietnam 50
  • 🇨🇳 SSE 50
  • 🇭🇰 HSI 50
  • 🇪🇺 Euronext
  • 🇺🇸 S&P 50 / 500

Each market uses a tailored ticker list and outputs separate breakout results and charts.


📊 Chart Generation

After detecting breakout candidates, the system can automatically create candlestick charts using Plotly.

Each chart shows:

  • Price and volume data
  • Recent highs and breakout zones
  • Clear visual confirmation of the breakout setup

Example command:

python breakout.py --markets nyse,nikkei50 --charts --chart-format html

Charts are saved under:

charts/<market>/<ticker>.html

🖥️ Graphical User Interface (GUI)

For users who prefer a visual interface, the Tkinter-based GUI (ui_breakout.py) provides:

✅ Market selection checkboxes
✅ Adjustable filters and thresholds
✅ Real-time log output
✅ Run and cancel buttons
✅ Automatic chart previews

Breakout GUI

The GUI executes the same backend logic but allows easy exploration without command-line input.


🔧 Example Usage

python breakout.py \
  --markets sp500,nyse \
  --lookback 20 \
  --volume-mult 1.8 \
  --charts \
  --weekly-confirm

Sample output:

=========> NYSE breakouts: ['AAPL', 'NVDA', 'LMT']
=========> Nikkei50 breakouts: ['SONY', 'TOYOTA']
Saved 12 breakout chart(s) under 'charts/nyse/*.html'

💡 Use Cases

  • Swing traders can identify early momentum setups.
  • Quant developers can integrate this logic into automated pipelines.
  • Analysts and educators can visualize live breakouts in class or reports.

🚀 Future Enhancements

  • Add RSI / moving average filters
  • Integrate Telegram or Line alerts
  • Deploy as a web dashboard with FastAPI
  • Include auto-updating market data and backtesting

🧭 Conclusion

This breakout screener demonstrates how Python + yfinance + Plotly can create a professional-grade stock analysis tool.
Whether you prefer CLI or GUI, it helps traders spot breakout opportunities early and visually confirm them before the crowd reacts.


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