Penny stocks (under $5) trading within 2% of their 52-week high. These are pre-breakout setups: stocks coiled just below resistance, where a single strong session could trigger a 52-week-high breakout.
As of today's market close, our scanners identified 4 penny stocks triggering a near-high setup — a stocks within 2% of their 52-week high. At the top of the list, Clear Channel Outdoor Holdings, Inc. Common Stock (CCO) stands out with multi-signal confluence — triggering Triple MA Bull, ST Triple Bull, Near 52W High at RSI 65.7, backed by an RS Rating of 95 (top 5% of all rated securities), a high-conviction setup. Also noteworthy: Acco Brands Corporation (ACCO) showing Triple MA Bull, ST Triple Bull, Near 52W High with strong relative strength (RS 75). Review the full ranked list below for additional setups.
| # | Symbol | Company | Price | RSI | RS | 1M Perf | Signals |
|---|---|---|---|---|---|---|---|
| 1 | CCO | Clear Channel Outdoor Holdings, Inc. Common Stock | $2.4300 | 66 | 95 | 1.7% | Triple MA BullST Triple BullNear 52W High |
| 2 | ACCO | Acco Brands Corporation | $4.5400 | 67 | 75 | 7.3% | Triple MA BullST Triple BullNear 52W High |
| 3 | HLP | Hongli Group Inc. Class A Ordinary Shares | $2.6400 | 79 | 94 | 114.6% | Triple MA BullST Triple BullRSI Overbought |
| 4 | PDSB | PDS Biotechnology Corporation Common Stock | $1.5200 | 76 | 93 | 375.0% | Triple MA BullST Triple BullRSI Overbought |
Stocks within 2% of their 52-week high are at a decision point. The 52-week-high level often acts as resistance — sellers who got trapped at the prior high finally getting out — but when the breakout happens, momentum buyers and trapped shorts pile in.
The asymmetry: a small downside (back to range support) vs a potentially large upside (breakout continuation). Things to look for:
Compare with our active breakouts scan to see which names already broke through. See also: RS new highs, TTM squeeze setups.
52-Week High / Low levels are the highest and lowest prices a stock has traded over the trailing year. Breakouts above the 52-week high have no overhead supply (every shareholder is in profit), so resistance is thin. Breakdowns below the 52-week low have no nearby support and tend to attract continued selling. Stocks within 2% of these levels are at a decision point.
Learn more about 52-Week High and Low →
Relative Strength (RS) vs SPY compares a stock's performance to the S&P 500 benchmark. A rising RS line means the stock is outperforming; an RS new 52-week high identifies leadership stocks where institutional money is concentrating regardless of broader market direction. The RS Rating (1–99 percentile) is the IBD-style ranking; ratings above 80 indicate top-quintile leadership.
Stocks near 52-week highs — the same scan with no price cap.