# Which Stocks Made a New 52-Week High This Week?

> Discover S&P 500 stocks hitting 52-week highs amid market volatility using ThinkOrSwim's scan tab. Learn to combine custom filters with squeeze signals for high-probability trades.

Page: https://tosindicators.com/thinkscript/52-week-high  
Video: https://www.youtube.com/watch?v=jtDLrxdG5UI  
Section: thinkScript tutorials  
Skill: Beginner  
Access: free  
Updated: 2024-05-17

## Introduction

Identifying relative strength during market turbulence helps traders spot resilient opportunities. This tutorial demonstrates how to use ThinkOrSwim's scan tab to find S&P 500 constituents making 52-week highs. The method combines price filters, volume thresholds, and proprietary squeeze indicators for actionable insights.

The Triple Squeeze Dashboard highlights stocks showing momentum compression before breakouts. By overlaying volatility analysis on new highs, traders gain an edge in anticipating directional moves. This approach filters noise while focusing on technically significant setups.

Qualcomm (QCOM) and Applied Materials (AMAT) serve as prime examples from the current scan results. The system identifies stocks outperforming peers during broad market selloffs. Traders receive specific entry triggers and profit targets through integrated backtesting tools.

https://www.youtube.com/embed/jtDLrxdG5UI

Here are useful links for the indicators mentioned in the video:

- [Squeeze Backtester and Triple Squeeze](https://tosindicators.com/squeeze-course)

- [Pre-Earnings Analysis](https://tosindicators.com/indicators/market-pulse)

## Questions

### How do I edit the 52-week high scanner for different timeframes?

Modify the '52' in Highest(close,52) to desired weeks. Change aggregation period in study settings - daily for short-term, monthly for long-term scans.

### What's the optimal number of squeeze dots for trade entry?

Look for 20+ consecutive dots. QCOM had 26 red dots pre-breakout. Gray dots indicate developing squeezes needing confirmation.

### Can I automate alerts for new 52-week high scan results?

Yes. Right-click scan results > Create Alert. Choose visual/sound alerts or email notifications through ThinkOrSwim platform settings.

### How to handle earnings events when trading these signals?

Close positions 1-2 days before earnings. Use ThinkOrSwim's Earnings Calendar under Analyze tab to check dates for stocks like QCOM.

### What's the difference between red and gray squeeze dots?

Red dots mark active squeezes with closed volatility bands. Gray dots show developing squeezes where bands haven't fully compressed yet.

## Related

- [Create a TTM Squeeze Watchlist in Seconds](https://tosindicators.com/thinkscript/ttm-squeeze-watchlist-2)
- [How to Turn Candlestick Patterns into Code](https://tosindicators.com/thinkscript/how-to-turn-candlestick-patterns-into-code)
- [Automated Trading ThinkOrSwim - "Buy the Dip" Script](https://tosindicators.com/thinkscript/auto-trade-buy-the-dip)
- [Automated Trading in ThinkOrSwim - Entering a Squeeze On a Pullback](https://tosindicators.com/thinkscript/automated-pullback-squeeze-entry)
- [How to Import a ThinkScript Study into ThinkOrSwim](https://tosindicators.com/thinkscript/how-to-import-thinkorswim)
- [Custom Candlestick Patterns in ThinkOrSwim](https://tosindicators.com/thinkscript/custom-candlestick-patterns)