# Volatility contraction near highs — NSE scan

> Coiled within 5% of the 52-week high with Bollinger width under 0.08 — the VCP shape, as a scan.

Canonical: https://patternsradar.com/screener/volatility-contraction

```sift
where close within 5% of high_52w
  and bb().width < 0.08
  and close > sma(200)
```

The pattern Minervini named is really two facts occurring together: the stock is holding near its highs, and the swings are getting smaller — sellers finished, buyers not yet forced to pay up. Band width under 0.08 is the compression; the 200-day filter confirms the trend the coil sits inside. What the scan cannot see is the pattern's third act, the volume dry-up, which its companion scan covers.

Category: [Volatility](https://patternsradar.com/scans/volatility.md). Default universe: top 500 NSE stocks by 20-day turnover.

The rendered page runs this scan against the latest session and can replay it across the last 250 sessions to measure its hit rate: https://patternsradar.com/screener/volatility-contraction.