brokenstocks.com

What It Is

Broken Stocks is a “financial warning system” style website whose core purpose is to screen U.S. stocks that have fallen more than 20% from their rolling 252-day high, i.e. their 52-week high. It emphasizes that it is not an investment advice brand and does not tell users to buy or sell; instead, it identifies whether holdings have entered a structural decline. According to the site content, it scans around 3,000 U.S. stocks daily. Users can paste in stock tickers, and the system will indicate whether the corresponding names are on its risk lists.

Core Criteria Review

From a cryptocurrency perspective, Broken Stocks is not an exchange, wallet, DeFi platform, market data aggregator, or on-chain analytics tool. The content provides no information about supported coins, trading pairs, wallet custody, on-chain data, KYC, fiat deposits or withdrawals, leveraged contracts, or derivatives. Therefore, if users are looking for a platform to buy or sell BTC, ETH, stablecoins, or use crypto-financial services, Broken Stocks is not suitable.

Its real core function is categorizing U.S. stock drawdowns: Watch means a stock is down 20% to 29% from its high; Amber List means it is down more than 30% but has not met more severe criteria; Red List means it is down more than 40%, or down more than 30% within four months. This framework is based on price action, drawdown depth, recency, and continuity across timeframes, rather than company fundamentals, news events, or predictive models.

Pricing and Data

The site explicitly describes Broken Stocks as a free downside-recognition brand. It also mentions its sister product ConvictionEdge as a paid research brand, but does not provide any paid features, subscription pricing, or paywall details for Broken Stocks. In terms of data, the site says it calculates roughly 3,000 U.S. stocks every night, uses split-adjusted prices, and publicly discloses its thresholds and terminology in its methodology and glossary.

Pros, Cons, and Who It’s For

Its strengths are clear rules, a restrained positioning, and support for quickly checking a user’s own stock portfolio. The site also states that it does not store content pasted by users. The limitations are also obvious: it only covers U.S. stocks and only identifies price-structure deterioration. It does not analyze fundamentals and is not relevant to cryptocurrency investing, trading, or custody needs. It is suitable for investors who hold U.S. stocks and want to quickly spot weaker names in their portfolio; it is not suitable for users who need crypto trading, wallets, derivatives, or fiat deposits.

Access from China and Alternatives

The content does not provide information about access from mainland China, payment methods, or service restrictions, so its China access status is unknown. As a technical screening tool for U.S. stocks, it can be compared with TradingView, Finviz, Koyfin, and StockCharts. For cryptocurrency users, CoinMarketCap, CoinGecko, TradingView’s crypto market pages, or compliant trading and wallet services should be prioritized.