Open Equal To Previous day Close allows traders & investors to find stocks that are likely to continue trending in the same direction as the previous day. Such stocks indicate short-term stability & can be used in both intraday & swing trading.
In this strategy, it is believed that when a stock opens at the same price as it closed yesterday then it is more likely to continue to go in the same direction.
Finding such stocks from the market manually is a time-consuming task. So on this page, we provided a list of daily updated Open=Previous Day Close stocks. That you can copy and use further in your strategy.